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re Issue of Equity

24th Dec 2008 12:03

RNS Number : 7826K
SerVision plc
24 December 2008
 



SerVision plc

Re. Issue of Equity

On 7th October 2008, the Company announced that it had completed a placing of 5,107,853 new ordinary shares raising £1,021,570 at 20 pence a share. Of that sum it had received £924,214 with the balance to be paid by 25 December 2008.

 

As at today's date the Company has not received the balance funds. The Company is considering its options in respect of the defaulting placees and a further announcement will be made in due course.

Contacts:

SerVision plc

+972 2535 0015

Eitan Yanuv, Finance Director

HB Corporate

020 7510 8598

Imran Ahmad/Rory Creedon

Threadneedle Communications

Graham Herring 020 7653 9858

This information is provided by RNS
The company news service from the London Stock Exchange
 
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