Print   

Tuesday 15 December, 2009

Matica Plc

Results of Placing and Major

RNS Number : 1040E
Matica Plc
15 December 2009
 



   




MATICA PLC

("Matica" or the "Company")



RESULTS OF PLACING, DIRECTOR'S DEALING and MAJOR SHAREHOLDINGS


Matica announces that, following the 7 for 2 rights issue ("the Rights Issue"), the results of which were announced on 30 November, Westhouse Securities Limited has procured subscribers for a further 8,548,000 ordinary shares at a price of 10.5p per share (the "Placing"). The Placing has been conducted in line with the procedure in respect of shares not taken up in the Rights Issue detailed in the Rights Issue circular dated 20 October 2009. Application has been made for the Placing shares to be admitted to AIM and it is expected that trading will commence in these shares at 8.00am on Friday 18 December 2009.  


The total amount raised by the Company through the Rights Issue and the Placing is £2,054,035.10.


The Placing price of 10.5p per share is equal to the Rights Issue price of 10p per ordinary share plus the expenses of procuring the subscribers for the Placing and therefore there will be no net proceeds payable to shareholders.


Matica further announces that, as part of the Placing, Mr Sandro Camilleri, CEO of Matica, has subscribed for 4,313,000 further shares in the Company taking his total direct shareholding to 5,562,000 shares or 18.43% of the Company.  In addition to his personal shareholding, Sandro Camilleri wholly owns and controls S.C.L. Holdings SA, owns a majority holding in Manplus Holding PTE Ltd and controls Ramada Holdings Pte Ltd and Barnfield-SGPC LDA. The total amount of shares in the Company which Mr Camilleri is deemed to control is, therefore, 19,688,277 or 65.24% of the total issued share capital. 


Matica further announces that, following the Placingits is aware of the following shareholders holding interests in shares representing 3% or more in the Company's issued share capital:


Shareholder

Number of Shares

Percentage 


S.C.L. Holdings SA

8,150,877


27.01%

Mr Sandro Camilleri

5,562,000


18.43%

KR Energy


3,266,293

10.82%

Ramada Holdings PTE Ltd

2,975,400


9.86%

Barnfield-SGPC LDA

1,800,000


5.96%

Manplus Holding PTE Ltd

1,200,000


3.98%



For further information, please contact:


Matica Plc

Sandro Camilleri, CEO  +39 02722501

www.maticasystem.com



Westhouse Securities Limited

Tim Metcalfe         +44 (0)20 7601 6100




This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOECKQKKFBDDQBD

Investegate takes no responsibility for the accuracy of the information within the site.


The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.



Investegate      © 2012 FE. All rights reserved.