Bioprogress Future2

SCRUTABLE - 22 Dec'05 - 02:29 - 8373 of 8376
Good article except the fundraising was at 47p, not 58p as you suggest.

"Fundraising

The Company also announces today the placing of 12,285,328 new ordinary shares
of 1p each with institutional and other investors (the "New Ordinary Shares"),
representing approximately 9.99% of the current issued share capital of the
Company, at 47p per New Ordinary Share (representing a 12% discount to the
volume-weighted average share price as on 19 December 2005), under the
provisions of s.95 of the Company's Act 1985 as amended."

Inghu