Private Placing

10 Sep 2007 07:02

Pentagon Protection PLC10 September 2007 Pentagon Protection Plc ("Pentagon") Private Placing Pentagon Protection, the global specialist in the supply and installation ofenhanced glass protection and anchoring, is pleased to announce that it hasraised a total of £120,000 by means of a placing of 15 million new OrdinaryShares at £0.008p per share to K&C Corporation PTE Ltd, a major specialistsecurity company based in Singapore. Application will be made for the 15,000,000 new Ordinary Shares issued today tobe admitted to trading on AIM which will rank pari passu with the existingOrdinary Shares. This shareholding will represent 4.6% of the enlarged sharecapital of the company and admission is expected to occur on 14 September 2007. K & C's business and geographical coverage are very complementary to Pentagon. About K&C K&C is a consulting engineering firm that offers the design of structures, riskassessment, and hazards' mitigation related to blast, impact, and shock loads,such as might occur in a terrorist attack. Karagozian & Case (K&C), KCPT's wellestablished US-based sister company, is a leading firm in the areas of designingGovernment and commercial facilities to resist terrorist attacks, and researchand development efforts encompassing blast and impact testing on conventionaland hardened structures, design of new anti-terrorist devices and threatmitigation concepts, and generation of new tools to aid the engineeringcommunity in designing facilities that are more terrorist-resistant. Alan Nichol, Pentagon Chairman commented, "This investment represents the firststep in the creation of a partnership between Pentagon and K&C, which will bemutually beneficial for both parties and aid Pentagon in the development of itsglobal markets." Website for K&C: http://www.kcpt.com.sg Enquiries: Pentagon Protection PlcAlan Nicholl, Chairman Tel: 01494 793 333 Seymour PierceJonathan Wright Tel: 0207 107 8000 Parkgreen CommunicationsBen Knowles Tel: 020 7479 7933Ben.knowles@parkgreenmedia.com Mob: 07900 346 978 This information is provided by RNS The company news service from the London Stock Exchange