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Intellego Holdings (ARGP)

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Wednesday 16 December, 2009

Intellego Holdings

Issue of Equity

RNS Number : 2099E
Intellego Holdings PLC
16 December 2009

For immediate release

16 December 2009


('Intellego' or 'the Company')


The Directors of Intellego are pleased to report the placing of 42,900,000 new ordinary shares of 0.05each at 0.35p per share, to raise £150,150 before expenses ("the Placing") with clients of Rivington Street Corporate Finance. 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 21 December 2009.

The Directors of the Company intend to subscribe for shares to the total value of £20,020 on the same terms as outlined above.


For further information:

Intellego Holdings plc

Angus Forrest / Ranjit Roy Choudhuri

0845 058 3960

Beaumont Cornish Limited

Roland Cornish

020 7628 3396

Bishopsgate Communications Limited

Tel: 020 7562 3350

Maxine Barnes / Robyn Samuelson


About Intellego

Intellego is a leading provider of content-driven training solutions, blended learning a mix of e-learning and instructor lead training, to regulated industries and distributed workforces. Focus areas include custom e-learning and training for Retail, Finance, Pharmaceutical, and Healthcare Industries.


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