For immediate release
23 April 2009
INTELLEGO HOLDINGS PLC
('Intellego' or 'the Company')
PLACING
The Directors of Intellego are pleased to report the placing of
30,000,000 new ordinary shares at 0.5p per share, to raise £150,000
before expenses ("the Placing") with clients of Dowgate Capital
Stockbrokers Limited. The proceeds will be used for general working
capital purposes.
The Placing is conditional on admission to trading on AIM of the new
ordinary shares. Application will be made to the London Stock
Exchange for the new ordinary shares, which will rank pari passu with
all existing ordinary shares, to be admitted to trading on AIM.
Admission is expected to become effective and dealings to commence on
or around 30 April 2009.
The Directors of the Company intend to subscribe for shares to the
total value of £20,000 on the same terms as outlined above.
--ENDS--
For further information:
Intellego Holdings plc
Angus Forrest / Ranjit Roy Choudhuri
0845 0583960
Beaumont Cornish Limited
Roland Cornish
020 7628 3396
NOTES TO EDITORS
About Intellego
Intellego is a leading provider of content-driven training and
communication solutions to regulated industries and distributed
workforces. Focus areas include training for the introduction of new
enterprise software applications; regulator compliance and
benchmarking; technical product launches; and industry accreditation
portals. Key markets serviced include Retail, Finance,
Pharmaceutical, Healthcare, Construction, Legal, Oil & Gas and
Transportation.
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