TYR Tyratech (DI/S)

TIDMTYR TIDMTYRU

RNS Number : 9518T

TyraTech, Inc.

20 December 2012

20 December 2012

TyraTech, Inc.

(the "Company" or "TyraTech")

Issue of Equity

TyraTech, Inc. (AIM: TYR), a natural life sciences company, announces that it has issued 419,050 new common shares of $0.001 each in the capital of the Company (the "New Common Shares") in consideration for US$25,000 in services provided to the Company by a third-party consultant. The number of common shares issued was determined using the mid-market closing price on the date of the consulting agreement.

Application has been made to the London Stock Exchange for the New Common Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission and the commencement of dealings will take place on 27 December 2012.

Following Admission, the Company will have 108,195,055 common shares of $0.001 each in issue. The number of restricted common shares trading under TIDM 'TYR' following Admission will be 80,908,686 and the number of unrestricted common shares trading under TIDM 'TYRU' following Admission will continue to be 27,286,369.

In addition, the Company holds 1,084,413 common shares in treasury.

###

For further information please contact:

TyraTech Inc.

Alan Reade, Executive Chairman

Tel: +1 919 415 4310

Peter Jerome, Chief Financial Officer

Tel: +1 919 415 4280

N+1 Singer, Nominated Adviser and Joint Broker

Aubrey Powell / Alex Wright

Tel: +44 20 7496 3000

First Columbus LLP, Joint Broker

Chris Crawford

Tel: +44 20 3002 2070

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEEASANFASAFFF

Tyratech (LSE:TYR)
Historical Stock Chart
From Jun 2024 to Jul 2024

Tyratech (LSE:TYR)
Historical Stock Chart
From Jul 2023 to Jul 2024