25th Jul 2008 16:37
Pan Pacific Aggregates PLC
25 July 2008
PAN PACIFIC AGGREGATES PLC ("PPA" or "the Company")
RESULT OF AGM
FURTHER INFORMATION ON FUNDRAISING
At the AGM of the Company held earlier today at the offices of Hammonds, the Company's solicitors, all resolutions were duly passed.
Further to the announcement of 23 July 2008, which referred to the raising of up to £750,000 through the placing of 75,000,000 new ordinary shares at 1 pence per share, the Company has so far received firm commitments for £497,000. Consequently, a total of 49,700,000 new ordinary shares will be admitted to trading on AIM on 28 July 2008. The Company will announce shortly the results of the remainder of the fundraising on receipt of the outstanding placing letters.
Enquires:
Pan Pacific Aggregates PLC
William Voaden Tel: 020 7096 9580
Hanson Westhouse Limited
Tim Metcalfe/ Harry Barraclough Tel: 020 7601 6100
Related Shares:
Adm Energy