5 Jan 2011 15:54
5 January 2011
2ergo Group plc
("2ergo" or "the Group")
Issue of Equity
Pursuant to the acquisition agreement with Activemedia Technologies Limited, announced on 27 July 2009, the Company has today applied to AIM for the admission of 197,892 Ordinary Shares of 1p each ('Shares') to trading. These Shares will rank pari passu in all respects with the existing shares in issue. Trading of the new Shares on AIM is expected to commence on 11 January.
Following this allotment, the Company holds 899,726 ordinary shares in treasury and has a total of 32,921,121 ordinary shares in issue, excluding those shares held in treasury.
For further information, please contact:
2ergo Group plc | 0161 874 4222 |
Jill Collighan, Finance Director | |
Tavistock Communications | 020 7920 3150 |
Lulu Bridges/Simon Compton | |
Numis Securities Limited | 020 7260 1000 |
As Nominated Advisor, Stuart Skinner | |
Numis Securities Limited | 020 7260 1000 |
As Corporate Broker, David Poutney |