Placing and Issue of New Shares
30 April 2010 - 4:00PM
UK Regulatory
TIDMHCEG
RNS Number : 0906L
Healthcare Enterprise Group PLC
30 April 2010
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Healthcare Enterprise Group plc
Placing and Issue of New Shares
Healthcare Enterprise Group plc ("HCEG" or the "Company") announces that it has
raised gross funds of GBP80,000 through the placing (the "Placing") of 320,000
new ordinary shares of 25p each (the "Placing Shares"), at a price of 25 pence
per share. The proceeds of the placing will be used to reduce debt and to
enhance general working capital.
The Company announces that it has agreed that GBP62,436.66 due to certain
creditors of HCEG will be settled by the issue and allotment to them of (in
aggregate) of 249,747 new ordinary shares of 25p each ("New Ordinary Shares").
Following the issue of the Placing Shares and the New Ordinary Shares, the
Company has 6,372,898 ordinary shares in issue, all of which carry voting
rights. This figure may be used by shareholders of the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or change their interest in, the ordinary
share capital of the Company.
Admission of the Placing Shares, the Settlement Shares and the New Ordinary
Shares is expected to take place on 7 May 2010.
Further Enquiries:
+-----------------------------------+------------------------------+
| Healthcare Enterprise Group plc | Tel: +44 (0)20 7680 3649 |
| Lyndon Gaborit, Executive Deputy | |
| Chairman | |
| www.hcegroup.com | |
| | |
+-----------------------------------+------------------------------+
| Daniel Stewart & Company plc | Tel + 44 (0)20 7776 6550 |
| Andrew Edwards/ Emma Earl | |
| | |
| | |
+-----------------------------------+------------------------------+
| | |
+-----------------------------------+------------------------------+
| | |
+-----------------------------------+------------------------------+
Notes to Editors:
Healthcare Enterprise Group plc companies include Ebiox Limited, a specialist
disinfectant and decontamination company which has a range of proprietary
products patented and approved for sale in multiple world markets; Reproductive
Sciences Limited which invests in medical devices product development,
particularly in the area of women's health; and investments in healthcare
products and services.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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