Issue of Equity
04 September 2007 - 2:30AM
UK Regulatory
RNS Number:2085D
Personal Screening PLC
03 September 2007
Stock Exchange Announcement
For immediate release
3 September 2007
Personal Screening PLC
Issue of Equity
Personal Screening PlC ("the Company") is pleased to announce that, on 31 August
2007, the Company completed a placing of 50,000,000 new ordinary shares of 0.1p
at a price of 0.2p per share, to raise #100,000 gross, #95,000 net.
Application has been made for these shares to be admitted to trading on AIM and
dealing is expected to commence on 7th September 2007.
In addition, a commitment has been given by First Colonial Investments LLP to
subscribe or procure subscribers for a further 61,905,047 new ordinary shares,
at an average price of 0.32p per share, by 7 September 2007. A further
announcement will be made when these further shares have been placed.The
proceeds from the placing will be used as added working capital for the Company.
The total number shares in issue following the placing of the 50,000,000 new
shares mentioned above is 228,633,198 shares.
Following the placing, the following shareholdings represent more than 3 per
cent of the current enlarged issued share capital:
Nicholas Greenstone 14,999,999 shares (6.56%)
-Ends-
NOTES TO EDITORS
* Personal Screening is an established supplier of health screening kits for
home use. It currently supplies kits to test for total and high density
cholesterol, prostate disorders, the menopause, bowel disorders, diabetes,
gonorrhoea, osteoporosis and chlamydia.
Contact
Personal Screening plc
Michael Scorey, Chairman 01384 352 717
michaelscorey@perscreen.com
Marc Cramsie, Nabarro Wells 0207 710 7406
This information is provided by RNS
The company news service from the London Stock Exchange
END
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