5th May 2006 09:00
Biofutures International plc05 May 2006 For Immediate Release 5 May 2006 Biofutures International plc Placing and Admission to AIM Biofutures International plc. ("Biofutures" or the "Company"), announces that,with effect from 08.00am today (5 May 2006), its existing ordinary shares of 1peach ("Ordinary Shares") and new ordinary shares of 1p each ("Placing Shares")issued pursuant to a successful placing, have been admitted to AIM. Ruegg & CoLimited is acting as the nominated adviser, Hichens, Harrison & Co. plc asbroker to the Company. Biofutures International is a newly incorporated company that has beenestablished by the Directors to utilise their contacts and experience in orderto establish, invest in or acquire assets, businesses or companies in therenewable fuels industry, located in Asia and Europe. Key Statistics Placing Price 10 pNumber of Placing Shares 30,200,000Number of Ordinary Shares in issue immediately following the Placing 36,860,000Market Capitalisation of the Company at the Placing Price on Admission £3,686,000Placing Shares as a percentage of the issued share capital 81.93 %Estimated net proceeds of the Placing £2,870,000 Ends For further information, please contact: Buchanan Communications 0207 466 5000 Mark Edwards/Suzanne Brocks Hichens, Harrison 0207 382 4451 Adam Wilson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Graphene Nanochem