9th Nov 2009 07:00
Tristel plc
("Tristel" or "the Company")
Placing and Notice of General Meeting
Total Voting Rights
Tristel, the AIM listed provider of infection and contamination control products, announces that it has raised gross funds of £2m through the conditional placing (the "Placing") of 3,571,429 new Ordinary Shares of 1 pence each (the "Placing Shares"), at a price of 56 pence per share with institutional investors. The Placing is conditional on, inter alia, shareholder approval and admission of the placing shares to trading on AIM. Admission of the Placing Shares is expected to take place on 26 November 2009.
The placing was initiated by institutional demand following the Company's preliminary results that were announced on 12 October 2009. The proceeds of the placing will be used to accelerate the expansion of Tristel's overseas businesses and further enhance general working capital.
Following the placing, the Company has 33,142,596 Ordinary Shares in issue, all of which carry voting rights. This figure may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the ordinary share capital of the Company.
Notice of General Meeting
A General Meeting will be held at the offices of Maclay Murray & Spens LLP, 12th floor, One London Wall, London EC2Y 5AB at 10.00 a.m. on 25 November 2009.
Enquiries:
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Tristel plc |
Tel: 01638 721500 |
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Paul Barnes (Finance Director) |
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http://www.tristel.com |
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Daniel Stewart & Company Plc |
Tel: 020 7776 6550 |
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Graham Webster/Martin Lampshire |
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Walbrook PR Ltd |
Tel: 020 7933 8787 |
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Ben Knowles |
Mob: 07900 346 978 |
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Paul McManus |
Mob: 07980 541 893 |
Related Shares:
Tristel