April 7, 2005 - Leadcom Integrated Solutions Ltd (“Leadcom” or the “Company”), an international leader in the provision, management and implementation of turnkey telecommunications solutions, announces that the Company’s shares have today been admitted to trading on AIM, a market operated by the London Stock Exchange plc. The Company’s ticker is “LEAD”.
The Company has raised £9 million (before expenses) in a placing of 28,125,000 Ordinary Shares at a price of 32p per share (the “Placing Price”). In addition, certain existing shareholders have sold 9,375,000 Ordinary Shares for a consideration at the Placing Price of £3 million (before expenses).
The Company has 95,453,900 Ordinary Shares in issue and a market capitalisation, at the Placing Price, of approximately £31 million.
Corporate Synergy Plc is the Nominated Adviser and Broker to the Company.
Arik Alcalay, Chief Executive of Leadcom, added: “We are delighted to have joined AIM. We believe that we are now far better positioned to take advantage of opportunities to grow our business. We look forward to a long and mutually beneficial relationship with our new shareholders.” |
