ValiRx PLC: Issue of Equity | Company Announcements

Thursday 09 April, 2009

ValiRx PLC

Issue of Equity

RNS Number : 3895Q

ValiRx PLC

09 April 2009

ValiRx plc

(the 'Company')

Issue of equity

Following the placing of new ordinary shares of 1p each in the Company ('Ordinary Shares'), announced on 31 March, 2009, the Company is pleased to announce that it has received further interest from investors. As a result, the Company has raised an additional amount of up to £199,000, before expenses, via a placing of up to 19,900,000 new Ordinary Shares at 1p per share ('Placing Shares').

Application has been made for the Placing Shares to be admitted to trading on AIM and dealings are expected to commence on 16 April, 2009. A further announcement will be released on admission confirming the total number of shares issued.

Enquiries:

ValiRx plc	Tel: +44 (0) 20 3008 4416
Dr. Satu Vainikka
WH Ireland Limited - Nominated Adviser & Broker	Tel: +44 (0) 161 832 2174
David Youngman / Adrian Kirk
College Hill	Tel: +44 (0) 20 7457 2020
Sue Charles / Adrian Duffield / Justine Lamond	valirx@collegehill.com

This information is provided by RNS

The company news service from the London Stock Exchange

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