Additional Listing
17 February 2003 - 6:00PM
UK Regulatory
RNS Number:5466H
SectorGuard PLC
17 February 2003
SectorGuard Plc ('the Company')
Raises #940,000 through Private Placing
SectorGuard Plc, the AIM listed manned guarding provider has raised #940,000
through a private placing of 47,000,000 new ordinary shares with institutional
and other investors. The money raised will be used to pursue the Company's
existing strategy of developing the business both organically and through
acquisitions. Application has been made for the new shares to be admitted to
trading in AIM and dealings in the new shares are expected to commence on 20
February 2003.
SectorGuard CEO David Marks said: "We are delighted that the institutions taking
part in the placing see SectorGuard's potential. Healthy trading continues, so
together with our improved cash position we are able to maintain our aggressive
growth strategy, taking advantage of acquisition opportunities as they arise."
Contacts:
David Marks SectorGuard Tel: 01279 724 777
Hugo de Salis St Brides Tel: 020 7242 4477
Jonathan Wright /
Dru Edmonstone Seymour Pierce Tel: 020 7648 8700
This information is provided by RNS
The company news service from the London Stock Exchange
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