Last checked at 3 Aug 2009 10:56
System C Healthcare plc
("System C" or "the Company")
Result of General Meeting
The Board is pleased to announce that all resolutions in relation to the Placing to raise £12.0 million were duly passed at the Company's General Meeting held earlier today.
The net proceeds of the Placing, totalling approximately £11.0 million, will enable the Company to maintain its balance sheet strength and provide funding for future growth opportunities.
Admission of 25,000,000 new ordinary shares will take place on 5 August 2009. Upon admission, the total number of shares in the Company will be 114,838,459.
The beneficial interests of the Directors in the issued share capital of the Company following admission will be as follows:
| Name | Shareholding Number of ordinary shares | % |
| Ian Denley | 480,026 | 0.42 |
| Markus Bolton | 3,852,767 | 3.35 |
| Andrew Coll | 36,660 | 0.03 |
| Jim Horsburgh | 300,000 | 0.26 |
| Christopher McLaren | 2,116,387 | 1.84 |
| John Forrest | 22,223 | 0.02 |
| Thomas Chambers | 22,223 | 0.02 |
For further information, please contact:
| System C Healthcare plc Dr. Ian Denley, Chief Executive Andrew Coll, Finance Director | 01622 691 616 |
| Close Brothers Financial Adviser Paul Lewington / David Sanders | 020 7655 3100 |
| Charles Stanley Securities Nominated Adviser Mark Taylor / Russell Cook / Jen Boorer | 020 7149 6000 |
| Maitland Emma Burdett / Richard Farnsworth | 020 7379 5151 |