30 Aug 2012 14:03
Toumaz Limited
Issue of Equity
Toumaz Limited (AIM: TMZ, 'Toumaz', or 'the Company') announces that pursuant to the terms of the Acquisition Agreement (as defined in the Company's announcement of 3 July 2012), Toumaz has issued 385,169 new ordinary shares in settlement of deferred consideration due to two former directors of Frontier Silicon (Holdings) Limited ("Frontier") in respect of Frontier's recent acquisition by Toumaz.
The Company has applied for these 385,169 new ordinary shares of Toumaz to be admitted to trading on AIM, which is expected to occur on 5 September 2012.
Following the admission to trading of these new shares, Toumaz will have a total issued share capital of 1,132,512,797 Ordinary Shares.
The above figure of 1,132,512,797 Ordinary Shares 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 the Company, under the Disclosure and Transparency Rules.
For Further Enquiries:
Patrick Stephansen | Toumaz | Tel: +44 (0) 7979 77879 |
Geoff Nash/Henrik Persson
| FinnCap | Tel: +44 (0) 20 7220 0500 |