Additional Listing & Placing

6 Feb 2008 07:01

Pentagon Protection PLC06 February 2008 Pentagon Protection PLC ("Pentagon Protection" or the "Company") Placing and Additional Listing Pentagon Protection (AIM : PPR) is pleased to announce that it proposes to raise£500,000 (before expenses) through a placing of 50,000,000 new ordinary sharesat 1p per share. The placing has been conducted by the Company's broker, EllisStockbrokers, and the net proceeds are to be applied as additional workingcapital. Application will be made for the 50,000,000 new ordinary shares to beadmitted to trading on AIM and admission is expected to occur, subject to theappropriate resolution being passed at the Company's AGM, on 26 February 2008. Following completion of the placing, for the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of shares in issue will be as follows: Class Nominal Value per share Number in issue Voting rights attached Ordinary 0.1p 376,418,156 376,418,156 The Company does not hold any shares in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Pentagon Protection under the Disclosure and Transparency Rules. Enquiries: Pentagon Protection PlcAlan Nicholl, Chairman Tel: 01494 793 333 Seymour PierceJonathan Wright Tel: 0207 107 8000 This information is provided by RNS The company news service from the London Stock Exchange