Proposed Placing & Acqn
November 18 2003 - 11:24AM
UK Regulatory
RNS Number:2134S
Electric Word PLC
18 November 2003
Electric Word PLC
(the "Company")
Proposed Placing and Acquisition
The Company notes the comments in today's press and confirms that it has signed
heads of agreement concerning the acquisition of a publisher operating in one of
the Company's existing market sectors. The purchase price for the acquisition is
to be funded by a #1 million placing of new shares in the Company which has been
successfully concluded, pending completion of the acquisition.
The Company expects to make further annoucements in due course.
This information is provided by RNS
The company news service from the London Stock Exchange
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