Results of Open Offer
April 08 2009 - 3:40AM
UK Regulatory
TIDMWYT
RNS Number : 3326Q
Wyatt Group PLC
08 April 2009
Wyatt Group Plc (the "Company")
Results of the Open Offer
As announced on 16 March 2009, the Company issued an Admission Document which
included, inter alia, details of a placing of 41,400,000 new Ordinary Shares at
1.25p per share (the "Placing") to raise GBP517,500, gross of expenses, and an
Open Offer of 28,130,838 new Ordinary Shares at 1.25p (the "Open Offer") in
order to allow Shareholders of the Company to participate in an investment in
the Company at the same price as the Placees.
The Company is pleased to announce that applications have been received under
the Open Offer for 3,544,728 new Ordinary Shares at 1.25p per share. This
represents a take up of approximately 12.60% and, since the Open Offer was not
underwritten, has raised GBP44,309.10, gross of expenses.
Subject to approval of the resolutions being proposed at the Extraordinary
General Meeting on 8 April 2009, admission for the Ordinary Shares issued under
the Placing and Open Offer are expected to commence on 9 April 2009.
Enquiries:
Wyatt Group plc Tel: 0845 450 9110
Ian Rummels
Zeus Capital Limited Tel: 0161 831 1512
Ross Andrews/Tom Rowley
This information is provided by RNS
The company news service from the London Stock Exchange
END
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