First Day of Dealings

2 Nov 2006 08:00

SimiGon Limited02 November 2006 2 November 2006 NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, AUSTRALIA OR ISRAEL SimiGon Ltd. ("SimiGon" or the "Company") First Day of Dealings 2 November 2006: SimiGon, a developer and international supplier of e-learningsimulation software, announces that the Company's shares have been admittedtoday to trading on the Alternative Investment Market of the London StockExchange plc ("AIM"). The Company's trading symbol is "SIM". 6,076,811 new ordinary shares have been allocated to institutional investors ata price of 88 pence per share (the "Placing Price"), raising approximatelyUS$10.0m (£5.3m) for the Company before expenses. On admission to AIM a total of37,250,666 ordinary shares were in issue (on a fully diluted basis) capitalisingthe Company at approximately £32.8 million at the Placing Price. The Company's nominated adviser and broker is Panmure Gordon & Co. Enquiries: SimiGonAmi Vizer +972 9 956 1777 Panmure Gordon & CoGrant Harrison, Katherine Roe +44 207 459 3600 Corfin Communications Harry Chathli, Ben Hunt +44 207 929 8989 This information is provided by RNS The company news service from the London Stock Exchange