Last checked at 17 Jun 2008 12:17
17 June 2008
Screen Technology Group plc
("Screen" or the "Company")
Result of General Meeting
Result of Open Offer
The Company announces that at the General Meeting of the Company held today, the resolutions set out in the circular sent to shareholders on 23 May 2008 (the "Circular") were duly passed.
As at 16 June 2008, being the last closing date for applications under the Open Offer, applications had been received in respect of 18,691,445 New Ordinary Shares to raise £123,364.
As a result, the Placing and Open Offer has raised in aggregate £1,006,164 (before expenses). This is in addition to the £200,000 loan by Scaent Holdings Cooperatie UA as set out in the Circular.
Accordingly, application has been made for 167,600,577 New Ordinary Shares to be admitted to trading on AIM. Admission to trading is expected on the 18 June 2008.
Upon Admission the number of shares in issue will be 203,252,047.
Enquiries:
| Screen Technology Group plc Tom Jarman | Tel: 01223 559 600 |
| Charles Stanley Securities Nominated Adviser Russell Cook / Carl Holmes | Tel: 020 7149 6000 |