AIM Admission

15 Dec 2005 08:52

Weatherly International PLC15 December 2005 15 December 2005 Weatherly International plc ("Weatherly" or the "Company") Admission to AIM Weatherly International plc announces that its ordinary shares commenced tradingon AIM earlier today and that accordingly it has completed the acquisition ofPuku Minerals Limited (the "Acquisition") and the placing of 29,312,500 ordinaryshares at 8 pence per share (the "Placing Price"), raising gross proceeds forWeatherly of £2.345 million (the "Placing"). The commencement of trading on AIM of the Company's ordinary shares follows theAcquisition and the Placing. 143,689,593 shares will be in issue on admission,resulting in a market capitalisation at the Placing Price of approximately £11.5million. For further information, please contact: Weatherly International plcRod Webster, Chief Executive +44 (0) 20 7332 2204Peter Redmond, Non-Executive Director Libertas CapitalBrad Cheng / Aamir Quraishi +44 (0) 20 7569 9650 This information is provided by RNS The company news service from the London Stock Exchange