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Pin to quick picksPlethora Solutions Holdings Plc Regulatory News (PLE)

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First Day Dealings on AIM

24 Mar 2005 08:00

Plethora Solutions Holdings PLC24 March 2005 For Immediate Release 24 March 2005 PLETHORA SOLUTIONS HOLDINGS PLC FIRST DAY DEALINGS ON THE ALTERNATIVE INVESTMENT MARKET ("AIM") Plethora Solutions Holdings PLC ("Plethora" or the "Company", AIM : PLE), aUK-based speciality pharmaceutical company focused on the development ofproducts for the treatment of urological disease, is pleased to announce itsflotation on the Alternative Investment Market of the London Stock Exchange ("AIM") today. • Plethora's strategy is to develop and then license out products for the diagnosis, treatment and management of urological disorders (diseases of the male and female urinary tract and the male reproductive organs) • Plethora has one product undergoing a Phase II trial (PSD 502) and two entering Phase II (PSD 503 & PSD 506) during Q4 2005 - PSD 502 - a topical treatment for premature ejaculation - PSD 503 - a topical treatment for stress incontinence - PSD 506 - novel agent for the treatment of overactive bladder in-licensed from Hoffman La Roche • Plethora raised £10 million via a Placing at 135p per Ordinary Share • The proceeds of the Placing will be used to fund the development of the Company's existing product pipeline • On admission, the market capitalisation at the Placing Price will be £30 million • Plethora has a strong management team lead by Steven Powell, Chief Executive • Collins Stewart Limited is the nominated advisor and broker Stuart Wallis, non-executive Chairman of Plethora, commented: "Our flotation on AIM marks an important step forward in the development ofPlethora. We have built up an advanced stage product pipeline targeting rapidlygrowing markets. Our management have the experience and the ability to realisethe full potential of our current portfolio. We now have the funding to makethis happen. The Board of Plethora looks forward to the remainder of the yearwith excitement and confidence." PLACING STATISTICSPlacing Price 135pNumber of Ordinary Shares placed on behalf of the Group 7,407,407Market capitalisation at the Placing Price on Admission £30 millionNumber of Ordinary Shares in issue on Admission 22,222,420Percentage of enlarged issued share capital subject to the Placing 33.33%Gross proceeds of the Placing available to the Company £10 millionNet proceeds of the Placing available to the Company £8.9 million For further information contact: Steven Powell Tel : 020 7269 8630Plethora Solutions Tim Mickley Tel : 0207 523 8350Collins Stewart Tim Anderson, Isabel Podda Tel : 020 7466 5000Buchanan Communications This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
9th Mar 20168:15 amRNSScheme becomes Effective
8th Mar 20164:44 pmRNSCourt Sanction of Scheme - Replacement
8th Mar 20163:12 pmRNSScheme becomes Effective
8th Mar 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
8th Mar 20167:30 amRNSSuspension - Plethora Solutions Holdings Plc
7th Mar 20161:36 pmRNSSuspension of trading of Shares
7th Mar 20169:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
4th Mar 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
3rd Mar 20165:25 pmRNSR&D Tax Credit Receipt and Director Dealing
3rd Mar 201611:47 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
2nd Mar 201612:00 pmRNSResult of Shareholder and Court Meetings
2nd Mar 201611:20 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
1st Mar 201610:23 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
29th Feb 201611:14 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
26th Feb 20167:34 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
25th Feb 20169:33 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
24th Feb 20169:00 amRNSLetter of Intent Signed
24th Feb 20168:50 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
23rd Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
22nd Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
19th Feb 20167:50 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
18th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
17th Feb 201611:30 amRNSDisposal of Shares in Endeavour Mining Corporation
17th Feb 20168:29 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
16th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
15th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
12th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
11th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
11th Feb 20168:28 amRNSExpected timetable for suspension and de-listing
10th Feb 201611:35 amBUSForm 8.3 - Plethora Solutions Holdings Plc
10th Feb 20169:30 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
9th Feb 20163:24 pmRNSDirector/PDMR Shareholding
8th Feb 20168:11 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
5th Feb 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions Hldgs PLC
4th Feb 20169:00 amRNSPosting Scheme Document & Plethora Trading Update
3rd Feb 20169:29 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
2nd Feb 20162:52 pmRNSForm 8.3 - Plethora Solutions Holdings Plc
2nd Feb 20168:11 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
1st Feb 20168:34 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
29th Jan 20168:34 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
28th Jan 20169:06 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
27th Jan 20169:01 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
26th Jan 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
26th Jan 20169:00 amRNSTrading Update
25th Jan 20169:24 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
25th Jan 20169:00 amRNSOffer Update
22nd Jan 201611:59 amRNSForm 8.5 (EPT/RI) - Plethora Solutions Hldgs PLC
21st Jan 20169:02 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC
20th Jan 20169:00 amRNSForm 8 (OPD) (Plethora Solutions) - Replacement
20th Jan 20168:30 amRNSForm 8.5 (EPT/RI) - Plethora Solutions PLC

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