Physiomics PLC: Issue of Equity | Company Announcements

Friday 04 December, 2009

Physiomics PLC

Issue of Equity

RNS Number : 6094D

Physiomics PLC

04 December 2009

Physiomics plc

("Physiomics" or the "Company")

Completion of Second Placing

Further to the announcement of 30 November 2009, the Company confirms it has completed a further placing, through WH Ireland Limited, to raise £75,000 from the issue of 18,750,000 new ordinary shares of 0.04p each ("Ordinary Shares") at a price of 0.4p per share (the "Placing"). Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 11 December 2009.

Following the Placing, the number of Ordinary Shares in issue will increase to 863,570,699.

The funds raised from the Placing will be used for working capital purposes.

Enquiries:

Physiomics plc

Dr Christophe Chassagnole, COO

+44 (0)1865 784980

WH Ireland Limited

Katy Mitchell

+44 (0) 161 832 2174

This information is provided by RNS

The company news service from the London Stock Exchange

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