27th Oct 2006 15:56
3DM Worldwide PLC27 October 2006 This announcement replaces announcement RNS 0279L released at 13.06 on 25October 2006. An amendment has been made to paragraph 2 changing the number of new OrdinaryShares of 2.5p each issued in connection with the placing from "the completionof a placing of 14,618,712 new Ordinary Shares of 2.5p each" to "the completionof a placing of 14,628,712 new Ordinary Shares of 2.5p each". A further amendment has been made in paragraph 4 changing the total number ofshares in issue from "93,033,882 Ordinary Shares in issue" to "93,030,882Ordinary Shares in issue". A further amendment has been made deleting paragraph 5 following the release ofannouncement RNS 1204L, which was released at 17:17 on 26 October 2006. Following these amendments a revised Application has been made for 14,628,712new Ordinary Shares of 2.5p ("Placing Shares") each to be admitted to trading onAiM. The Placing Shares are now expected to commence trading on 1 November 2006. 3DM Worldwide plc Placing of Shares 3DM Worldwide plc ("3DM" or "the Company") has developed, and is now exploiting,a patented plastic polymer moulding process The Board of 3DM is pleased to announce the completion of a placing of14,628,712 new Ordinary Shares of 2.5p each ("Placing Shares") at 7p per share.The funds raised by the Company are to be utilised for additional workingcapital and selected debt repayment. Each Placing Share will also carry with ita warrant to subscribe for a further Ordinary Share at 15p within six months(but with the Company having the right to request the warrant holder to exercisewithin 5 working days should the price of an Ordinary Share exceed 40p on anyday). The Placing Shares will, when issued and fully paid, rank pari passu in allrespects with the existing issued ordinary shares of the Company. Application has been made for the Placing Shares to be admitted to trading onAIM and trading in the Placing Shares is expected to commence on 31 October2006. Following the admission of the Placing Shares to trading on AiM, theCompany will have 93,030,882 Ordinary Shares in issue. In addition, the warrants held by Cornell Capital Partners LLP have been sold bythem and the warrant terms have been changed by agreement with the Company. Inparticular the 'put' option Cornell held in respect of these warrants has beenwaived. The 'put' option had given Cornell the right to require the Company tohave bought back the warrants at 4p each. Following this placement Efford Nominees Limited A/C E hold a notifiableinterest in 7,142,857 ordinary shares of 2.5p each in the Company ("OrdinaryShares"), representing approximately 7.67 per cent. of the Company's issuedOrdinary Share capital. 27 October 2006 ENQUIRIES: 3DM Worldwide 02920 885858Niall Mackay, Chief ExecutiveDavid Shepley-Cuthbert, Finance Director College Hill 020 7457 2020Gareth DavidAnthony Parker This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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