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26 Mar 2010 16:00
26 March 2010
HYDRODEC GROUP PLC (the "Company")
Posting of Circular
Further to the announcement released on 23 March of proposals to raise approximately £2.0 million (before expenses) through a placing ("Placing") of 20,259,859 ordinary shares at 10p each, the Company announces that a circular relating to the Placing has been posted to shareholders. The circular, which includes a notice convening a general meeting to be held at the Company's offices at 4th Floor, 120 Moorgate, London EC2M 6SS at 10.00 a.m. on 13 April 2010, will shortly be available to view on the Company's website (www.hydrodec.com).
For further information please contact:
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Hydrodec Group plc |
020 7786 9810 |
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Neil Gaskell, Chairman Mark McNamara, Chief Executive Mike Preen, Company Secretary |
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Numis Securities Limited |
020 7260 1000 |
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Nominated Adviser: Simon Blank Corporate Broker: David Poutney, Alex Ham |
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Corfin Communications |
020 7977 0020 |
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Neil Thapar, Harry Chathli, Alexis Gore |
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HYR.L (HYR)
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