Kazera Global Regulatory News (KZG)

26 Feb 2009 14:02



Managed Support Services plc 

("MSS" or the "Company")

Result of General Meeting

The Board of MSS is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed, including the approval of the placing of 75,000,000 new ordinary shares at 8 pence per share to raise approximately £5.7 million after expenses (the "Placing").

Full details of the Placing were set out in a circular sent to shareholders on 10 February 2009.  Application has been made for a total of 75,000,000 new ordinary shares issued pursuant to the Placing to be admitted to trading on AIM. Admission and dealing is expected to occur at 8.00 a.m. on 27 February 2009 in respect of 27,125,000 of such ordinary shares and at 8.00 a.m. on 2 March 2009 in the case of the remaining 47,875,000 ordinary shares.

Following the admission of the 27,125,000 ordinary shares on 27 February 2009 and the admission of the 47,875,000 ordinary shares on 2 March 2009, the Company's total issued share capital will be 165,203,976 ordinary shares of 1p each. This figure (165,203,976 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.