Issue of Equity
February 26 2008 - 10:11AM
UK Regulatory
RNS Number:7885O
ID Data Group PLC
26 February 2008
26 February 2008
ID Data Group plc
("ID Data" or the "Company")
Issue of Equity
ID Data Group plc, the smart card and card solutions group, announces that,
yesterday, it issued and allotted 6,500,000 new ordinary shares of 1p each in
the Company ("Ordinary Shares") at a price of 1p per share to the original
vendor of the business of credEcard Group plc in full settlement of any further
amounts which might have become due to the vendor pursuant to the sale and
purchase agreement entered into last year.
Application will be made for the new Ordinary Shares to be admitted to trading
on AIM and it is anticipated that dealings will commence on 3 March 2008.
For further information, please contact:
ID Data Group plc
Peter Cox, Chief Executive Tel: +44 (0)1730 235700
peter.cox@iddata.com
Smith & Williamson Corporate Finance Limited
Azhic Basirov / David Jones Tel: +44 (0)20 7131 4000
Media Enquiries
Abchurch
Chris Lane / Georgina Bonham Tel: +44 (0)20 7398 7700
georgina.bonham@abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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