24th Mar 2009 14:30
Raven Russia Limited
("Raven Russia" or the "Company")
Results of EGM
Raven Russia today announces that all of the resolutions proposed at the Extraordinary General Meeting ("EGM") held today were duly passed.
Application has been made for the 76,155,000 new Preference Shares and Warrants to be admitted to trading on the AIM market and dealings are expected to commence on 25 March 2009.
Placing statistics
|
Placing price |
£1.00 |
|
Number of units placed on behalf of the Company |
76,155,000 |
|
Number of Preference Shares in issue immediately following Admission |
76,155,000 |
|
Number of Warrants in issue immediately following Admission |
76,155,000 |
|
Proceeds of the Placing receivable by the Company before expenses |
£76,155,000 |
|
Expected proceeds of the Placing receivable by the Company after expenses |
£75,255,000 |
Terms set out in this announcement but not defined are as defined in the AIM Admission Document dated 25 February 2009.
- ends -
Enquiries
Raven Russia Limited Tel: +44 (0)1481 712 955
Anton Bilton / Glyn Hirsch
Bell Pottinger Corporate & Financial Tel: + 44 (0)20 7861 3232
Charles Cook / Andrew Benbow
Numis Securities Limited Tel: +44 (0)20 7260 1000
Nick Westlake (NOMAD) / Rupert Krefting
Related Shares:
RAV.L