24th Sep 2010 16:27
24 September 2010
HYDRODEC GROUP PLC
(the "Company")
Posting of Circular
Further to the announcement released earlier today relating to proposals to raise approximately £3 million (before expenses) through a placing ("Placing") of 50,000,000 ordinary shares at 6p each, the Company announces that a circular relating to the Placing has been posted to shareholders. The circular, which includes a notice convening a general meeting to be held at the Company's offices at 4th Floor, 120 Moorgate, London EC2M 6SS at 10.00 a.m. on 14 October 2010, will shortly be available to view on the Company's website (www.hydrodec.com).
For further information please contact:
|
Hydrodec Group plc |
020 7786 9810 |
|
Neil Gaskell, Chairman Mark McNamara, Chief Executive Mike Preen, Company Secretary |
|
|
Numis Securities Limited |
020 7260 1000 |
|
Nominated Adviser: Simon Blank Corporate Broker: David Poutney, Alex Ham |
|
|
Corfin Public Relations |
020 7596 2860 |
|
Neil Thapar, Alexis Gore, Harry Chathli |
|
Related Shares:
HYR.L