8th Mar 2011 07:00
08 March 2011
SerVision Plc
("SerVision" or the "Company")
Notice of General Meeting
SerVision (AIM:SEV), the AIM listed developer and manufacturer of digital security systems, announced on 1 February 2011 that it had completed a conditional placing of 9,062,500 new ordinary shares of 1 pence each in the Company (the "Placing Shares") at a price of 8 pence per share raising £725,000 (before expenses) for the Company.
A total of £100,000, representing the issue of 1,250,000 Placing Shares (the "Conditional Placing Shares") to Gidon Tahan (Chairman and CEO of the Company), was conditional upon shareholder approval through the passing of certain resolutions to be proposed at a general meeting of the Company to be convened and admission of the Conditional Placing Shares to trading on AIM ("Admission").
The Company announces that it has yesterday posted to shareholders a circular and notice of general meeting, to be held at the Company's registered office at Dukes Court, 32 Duke Street, St. James's, London SW1Y 6DF on 31 March 2011 at 10.00am. Admission of the Conditional Placing Shares is anticipated to take place on 1 April 2011 subject to the passing of the resolutions at the general meeting.
A copy of the circular and notice of general meeting will be available shortly from the Company's website, www.servision.net, in accordance with rule 26 of the AIM Rules for Companies.
**ENDS**
SerVision plc | +972 2535 0015 |
Gidon Tahan , Chairman and CEO
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Allenby Capital Limited (Nominated Adviser and Broker) | +44 (0)20 3328 5656 |
Nick Athanas / James Reeve
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Leander (Financial PR) | +44 (0)7795 168 157 |
Christian Taylor-Wilkinson
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Related Shares:
Servision PLC