RNS Number:9726A
SerVision plc
27 July 2007
SerVision Plc
Issue of Equity
SerVision Plc, the AIM listed leading developer and manufacturer of digital
security systems, is pleased to announce that it has completed a Placing of
1,716,667 New Ordinary Shares at 30p per share, raising £515,000 gross. In
addition an overseas private investor has subscribed for 166,666 New Ordinary
Shares at 30p per share raising approx. 100,000$US. The total proceeds will be
used for general working capital purposes.
Application has been made for a total of 1.883,333 New Ordinary Shares,which
will rank pari passu with all existing Ordinary Shares, to be admitted to
trading on AIM and it is expected that such admission will be effective as of 8
a.m. on Thursday 2 August 2007.
Further enquiries:
SerVision plc +972 2535 0015
Eitan Yanuv, Finance Director
HB Corporate 020 7510 8598
Jim McGeever
Threadneedle Communications 020 7936 9605
Graham Herring/Josh Royston