15th Jun 2009 09:45
HYDRODEC GROUP PLC ("Hydrodec" or the "Company")
Posting of Circular - Replacement
15 June 2009
Further to the final results announcement released on 12 June 2009 which included details of a placing to raise gross proceeds of £3.2 million (approximately £3.0 million net of expenses) through the issue of 22,857,143 new Ordinary Shares at a price of 14 pence per new Ordinary Share, Hydrodec announces that a circular relating to the placing (the "Circular") has been posted to shareholders, and that the Circular, which includes a notice convening a general meeting of Hydrodec to be held at the offices of Numis Securities Limited at The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT at 10.00 a.m. on 29 June 2009, will shortly be available to view on the Company's website (www.hydrodec.com).
For further information please contact:-
Hydrodec Group plc +61 2 6382 5387
Mark McNamara, CEO
John Dickson, Finance Director
Numis Securities Limited +44 20 7260 1000
Nominated Adviser: Simon Blank
Corporate Broker: David Poutney / Alex Ham
Curve PR +44 20 8742 1597
Emma Davis +44 7764 197003
Related Shares:
HYR.L