Amphion Innovations PLC Issue of Equity (8966F)
26 February 2015 - 6:02PM
UK Regulatory
TIDMAMP
RNS Number : 8966F
Amphion Innovations PLC
26 February 2015
Amphion Innovations plc
Issue of Shares
London and New York, 26 February 2015 - Amphion Innovations plc
(LSE: AMP) ("Amphion" or the "Company"), the developer of medical
and technology businesses, today announces that the Company has
issued 2,148,243 ordinary shares to YA Global Master SPV, Ltd. at a
price of GBP0.0314 per ordinary share, which is equal to 95% of the
average of the 5 daily Volume Weighted Average Prices from 16
February to 23 February. The shares represent 1.42% of the enlarged
issued share capital.
Admission of the 2,148,243 new ordinary shares, ranking pari
passu with the existing ordinary shares, is expected 3 March 2015.
Following this allotment the total issued share capital of the
Company will increase to 150,771,220 ordinary shares with each
share holding one voting right.
For further information please contact
Amphion Innovations plc
Charlie Morgan,
+1 (212) 210 6224
Yellow Jersey PR
Dominic Barretto / Philip Ranger/ Fiona Walker
+44 7768 537 739
Panmure Gordon Limited
Freddy Crossley / Duncan Monteith (Corporate Finance)
Charles Leigh-Pemberton (Corporate Broking)
+44 020 7886 2500
Plumtree Capital Limited (Advisor to Amphion)
Stephen Austin
+44 207 183 2493
+1 646 568 7502
About Amphion Innovations plc
Amphion (LSE: AMP) builds shareholder value in emerging
companies in the medical and technology sectors, by using a
focused, hands-on company building approach, based on decades of
experience in both the US and UK. Amphion has significant
shareholding in 7 Partner Companies developing proven technologies
targeting substantial commercial marketplaces. The Amphion model
has been refined to optimise the commercialisation of patents and
other intellectual property within the Partner Companies. The
Partner Companies collectively own or control over 200 separately
identified pieces of intellectual property, a number which grows
rapidly each year.
On the web: www.amphionplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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