Immersion Tech Issue of Equity

Date : 05/06/2009 @ 5:43AM
Source : UK Regulatory (RNS and others)
Stock : Immersion Tech (ITI)
Quote : 0.525  0.0 (0.00%) @ 1:00AM
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Immersion Tech Issue of Equity

 
TIDMITI 
 
RNS Number : 7563R 
Immersion Technologies Intl PLC 
06 May 2009 
 
? 
For Immediate Release 6 May 2009 
 
 
 
 
 
 
Immersion Technologies International Plc 
('Immersion' or 'the Company') 
 
 
Equity Placing 
 
 
The Company is pleased to announce that it has placed 535,000,000 new ordinary 
shares at a price of 0.1 pence ("Placing Shares") with new and existing 
shareholders ("the Placing"). 
 
 
The Placing proceeds of GBP535,000 (before expenses) will allow the Company 
additional working capital to service its activities. 
 
 
Subsequent to the issuance of these new ordinary shares, the Company will have 
800,324,634 ordinary shares in issue and a total number of 800,324,634 voting 
rights. 
 
 
Application will be made for the Placing Shares, which will rank, pari passu, 
with existing ordinary shares, to be admitted to AIM and dealings are expected 
to commence on or around 12 May 2009. 
 
 
 
 
 
 
For further information, please contact: 
 
 
Enquiries 
Immersion Technologies International Plc 
David LenigasTel: +44 (0)20 7016 5100 
Kiran Morzaria 
 
 
Beaumont Cornish Limited 
Roland Cornish Tel: +44 (0)20 7628 3396 
 
 
ENDS 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IOEEANSKELFNEEE 
 
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