8th Nov 2005 07:51
NETeller PLC08 November 2005 FOR IMMEDIATE RELEASE OUTSIDE THE UNITED STATES AND CANADA ONLY NOT FOR DISTRIBUTION IN OR INTO JAPAN, AUSTRALIA OR THE REPUBLIC OF IRELAND 8 November 2005 NETELLER Plc ("NETELLER" or the "Company") Successful placing of £218,750,000 of Founders stock NETELLER is pleased to announce the successful completion of an underwrittenplacing by Canaccord Capital (Europe) Limited of 35,000,000 existing ordinaryshares at £6.25 per share which have been sold by certain of the Company'sfounders, as detailed in the announcement yesterday. The shares were placed withinstitutional clients in the UK, Europe and North America. Adams Harkness Inc.acted as selling agent in the US private placement of the shares. Enquiries to: NETeller PLCGord Herman, Chief Executive Officer Tel: 01293 897 515Andrew Gilchrist, Vice President, Communications Canaccord Capital (Europe) LimitedNeil Johnson Tel: 020 7518 2777Mark AshurstChris Bowman Citigate Dewe RogersonSarah Gestetner Tel: 020 7638 9571Seb HoyleGeorge Cazenove This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group