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FFASTFILL PLC - 25 July, 2003
Placing
Following the June AGM shareholder approvals the Company is pleased to announce
that it has raised an additional £750,000 (before expenses) by means of
a placing of new ordinary shares.
The Placing is of 15,000,000 new ordinary shares, at 5p
per share. The money, as previously advised will be used
to support the on going growth of the company. Application
will be made for the new ordinary shares, which will rank
pari passu with the existing ordinary shares, to be admitted
to AIM with admission expected to become effective on 5 August
2003.
Keith Todd Executive Chairman said: ‘I am pleased
to be able to announce this additional funding which is
a further demonstration of investor confidence in our strategy
to build the leading applications services company in the
derivatives market’
For further information, please contact:
FFastFill plc - Tel: (020) 7665 8900
Keith Todd, Executive Chairman
Caroline Harrison, Company Secretary
Rostron Parry - Tel: (020) 7490 8062
John Parry/Lynda Hall
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