Subscription for 1,440,000 new ordinary shares
08 May 2008 - 5:00PM
UK Regulatory
8 May 2008
Retec Digital PLC (the "Company")
Subscription for 1,440,000 new ordinary shares
Retec Digital Plc ("Retec" or the "Company"), the multi-channel marketing
services company, is pleased to announce that it proposes to raise
approximately �36,000 by way of a subscription of 1,440,000 new Ordinary Shares
at a price of 2.5 pence per ordinary share ("Subscription"), in addition to the
�0.71 million raised through the placing and subscription announced on 18 April
2008.
The New Ordinary Shares will, when issued and fully paid, rank equally in all
respects with the existing ordinary shares, including the right to receive any
dividend or other distribution declared, made or paid after the date of their
allotment. Application has been made to the London Stock Exchange for the
admission of the New Ordinary Shares and it is expected that Admission will
become effective and that trading in the New Ordinary Shares will commence on
AIM at 8.00am on 13 May 2008.
Enquiries:
Retec Digital PLC 01455 222260
John Cole, Chief Executive
Charles McKay, Finance Director
Charles Stanley Securities 020 7149 6000
Mark Taylor
END
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