29th Jun 2009 12:34
HYDRODEC GROUP PLC
("Hydrodec" or the "Company")
Result of General Meeting and placing of new Ordinary Shares
Monday, 29 June 2009
The Company is pleased to announce that all resolutions were duly passed by the shareholders, at the General Meeting held earlier today, in connection with the placing to raise £3.2 million (before expenses), through the issue of 22,857,143 new Ordinary Shares at a price of 14 pence per new Ordinary Share, announced on 15 June 2009 (the "Placing").
The Placing remains conditional upon Admission of the New Ordinary Shares to trading on AIM. It is expected that Admission and dealings in the New Ordinary Shares will occur at 8.00am tomorrow (Tuesday 30 June 2009).
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