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Proposed Placing

21 Nov 2012 07:00

RNS Number : 6362R
Silence Therapeutics PLC
21 November 2012
 



 

 

 

 

 

Proposed Placing

 

 

London, 21 November, 2012 - Silence Therapeutics plc (AIM: SLN) ("Silence" or the "Company"), announces that the Company is in advanced discussions to raise additional funds from a strategic partner and existing shareholders through the issue of new ordinary shares.

 

The proposed issue of new ordinary shares is not expected to require shareholder approval.

 

Further details will be announced in due course.

 

-Ends-

 

Silence Therapeutics

Ali Mortazavi (+44 7768 694739 /Tim Freeborn (+44 20 7491 6520)

Email: a.mortazavi@silence-therapeutics.com

t.freeborn@silence-therapeutics.com

 

N+1 Singer

Shaun Dobson/Jennifer Wyllie

+44 20 7496 3000

shaun.dobson@n1singer.com

jenny.wyllie@n1singer.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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