5 Jun 2009 12:15
Amteus Plc
("Amteus" or the "Company")
Result of General Meeting
Additional Placing of 600,000 New Ordinary Shares
Amteus Plc, the digital networking and media business, is pleased to announce that at a general meeting of the Company held earlier today, all resolutions contained in the circular posted to shareholders on 20 May 2009 were passed.
The resolutions included, inter alia, a reorganisation of the Company's share capital and a change in the Company's name from Amteus Plc to imJack Plc.
Application has been made to the London Stock Exchange for 108,822,473 new ordinary shares of 1p each to be admitted to trading on AIM. Admission is expected to become effective and dealings in the aforementioned shares are expected to commence at 8.00am on Monday 8 June 2009. All existing share certificates will remain valid following the Company's change of name.
Application has been made to Companies House for the formal changing of the Company's name, and the Company is expected to commence trading under its new name of imJack Plc (AIM: IMJ) as of 8.00am on Tuesday 9 June 2009.
Subject to Admission becoming effective and dealings in the aforementioned shares commencing, the total number of ordinary shares of 1p each in issue on 8 June 2009 will be 108,822,473. Until such time as any additional placing becomes effective this figure 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, securities of the Company.
In addition, Amteus is pleased to announce that, in response to additional demand from investors, the Company has conditionally raised a further £42,000 before expenses, through a placing of 600,000 New Ordinary Shares in the Company (the "Additional Placing Shares") at a price of 7p per Additional Placing Share (the "Additional Placing").
Proceeds from the Additional Placing will contribute towards the ongoing working capital requirements of the Company.
The Additional Placing Shares equate to 0.55% of the enlarged issued share capital of the Company following completion of the Additional Placing.
Following the additional Placing Amteus' total issued and voting share capital will comprise 109,422,473 ordinary shares of 1p each. This figure 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, securities of the Company.
Application has been made to the London Stock Exchange for the Additional Placing Shares to be admitted to trading on AIM. Admission is expected to become effective and dealings in the aforementioned shares are expected to commence at 8.00am on Thursday 11 June 2009. Completion of the Additional Placing is conditional on such admission becoming effective. The Additional Placing Shares will rank pari passu in all respects with the existing issued ordinary shares of the Company.
Unless the context otherwise requires, defined terms used in this announcement shall have the meanings given to them in the Circular to shareholders of the Company dated 20 May 2009.
For further information, please contact:
| Amteus Plc Len Sanderson, CEO | Tel: 01653 618016 www.imjack.com |
| Strand Partners Limited (Nomad) James Harris / Paul Cocker | Tel: 020 7409 3494 |
| Daniel Stewart & Company Plc(Broker) Martin Lampshire / Stewart Dick | Tel: 020 7776 6550 |
| Rawlings Financial PR Limited Catriona Valentine | Tel: 01653 618016 |