Inspiration Hlt Regulatory News (IHC)

12 Jan 2007 10:39

Inditherm PLC12 January 2007 Press Release 12 January 2007 Inditherm plc ("Inditherm" or "the Company") Result of EGM The Board of Inditherm plc (AIM:IDM), the provider of innovative heatingsolutions to the food, industrial process, utility, medical, construction andsport industries, announces that at its Extraordinary General Meeting heldtoday, the resolutions proposed to shareholders (as set out in its notice toshareholders dated 13 December 2006) ("the Circular") were duly passed. On 13 December 2006, the Company announced that it was to raise £2.8 million,net of expenses, by way of a Placing of 30,000,000 new Ordinary Shares at aprice of 10 pence per Placing Share. These shares were placed by CollinsStewart Europe with institutional investors. The Placing was conditional on,inter alia, Shareholder approval at an Extraordinary General Meeting. Following completion of the Placing, the issued share capital of the Companywill increase to 51,112,581 fully paid Ordinary Shares and the Placing Shareswill represent approximately 58.7 per cent. of the Enlarged Share Capital. Application has been made to the London Stock Exchange for the 30,000,000 newOrdinary Shares to be admitted to AIM, which is expected to become effective at8.00 a.m. on 15 January 2007. - Ends - For further information, please contact: Inditherm plc Richard Harpum, CEO Tel: +44 (0) 1709 761 000rharpum@indithermplc.comIan Smith, Finance Directorismith@indithermplc.com www.inditherm.com Collins Stewart Europe Limited Nick Ellis/ Chris Howard Tel: +44 (0) 20 7523 8350nellis@collins-stewart.com www.cstplc.comchoward@collins-stewart.com Media enquiries: Abchurch Justin Heath / Louise Thornhill Tel: +44 (0) 113 203 1340justin.heath@abchurch-group.com www.abchurch-group.com Notes to editors: Inditherm plc is an AIM-listed provider of low voltage, cost-effective heatingtechnology. It designs, manufactures and installs its specialised, patentedheating technology for numerous applications that require heating, temperaturemaintenance or frost protection, including industrial, utility, medical,construction, and sports turf heating. The Rotherham-based company operates ina global environment and has a blue-chip customer base. Inditherm's patented technology uses a carbon-based, electrically conductivepolymer, also called Inditherm, to produce a cost-effective, flexible andadaptable heating surface. Powered by a low voltage supply, Inditherm generatesuniform heat over its entire surface with no hot spots. This information is provided by RNS The company news service from the London Stock Exchange