Sareum Regulatory News (SAR)

15 Nov 2007 15:07

Sareum Holdings PLC15 November 2007 15 November 2007 Sareum Holdings plc ("Sareum" or the "Company") Placing of shares Application has been made for the admission of 25,947,713 shares to trading onAIM with admission expected to take place on 21 November 2007. The shares have been issued pursuant to the placing announced on 22 October 2007. As announced on 24 October 2007, the Company intended to issue theseplacing shares subject to approval by shareholders which was granted at theannual general meeting of the Company held earlier today. Following the issue of these shares, the Company's issued share capital consistsof 572,752,824 ordinary shares with a nominal value of 0.025p each ('OrdinaryShares'), with voting rights. The Company does not hold any Ordinary Shares inTreasury. For further information: Sareum Holdings plc01223 497700Tim Mitchell, Chief Executive Officer Buchanan Communications020 7466 5000Tim Anderson, Mary-Jane Johnson Grant Thornton Corporate Finance020 7383 5100Philip Secrett, Colin Aaronson This information is provided by RNS The company news service from the London Stock Exchange