UTK Utek Corp

 

TIDMUTK 
 
RNS Number : 0498N 
UTEK Corporation 
09 February 2009 
 

 
 
 
UTEK Corporation ("UTEK" or "the Company") 
 
 
Additional Listing and Total Voting Rights 
 
 
The Company announces that it has issued 176,470 common shares of $0.01 each 
("Common Shares") as a result of the acquisition of Cortez 114, LLC 
("Cortez"), the holding company of a 114 acre property in Brooksville, Florida. 
 
 
The Company's wholly-owned subsidiary UTEK Real Estate Holdings, Inc acquired 
Cortez for $1.7m by the issue of 176,470 Common Shares at $0.085 each and the 
transfer of 240,964 shares in NeoStem, Inc. (portfolio company shares owned by 
UTEK). The new property has been acquired in order to strengthen and diversify 
the company's balance sheet. 
 
 
Application has been made to the London Stock Exchange ("AIM") for the 176,470 
Common Shares to be admitted to trading on AIM and admission is expected to take 
place on 13 February 2009. The new 176,470 Common Shares rank pari passu with 
the existing issued Common Shares of UTEK. 
 
 
As a result of the above, the Company has a total of 12,311,429 common shares of 
$0.01 each in issue with voting rights. UTEK does not hold any Common Shares in 
treasury and does not have any other class of shares issued. The figure of 
12,311,429 may be used by shareholders as the denominator for the calculations 
by which they will determine if they are required to notify their interest in, 
or a change to their interest in UTEK, under the FSA's Disclosure and 
Transparency Rules. 
 
 
 
 
Contacts 
 
 
UTEK Corporation 
Carole Wright 
                             +1 813 754 4330 
 
 
Fairfax I.S. Plc - Nominated Adviser and Broker to UTEK 
Jeremy Porter  +44 (0)20 7598 5368 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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