Placing & Additional Listing

Knowledge Technology Solutions PLC 22 September 2003 RNS Release 22nd September 2003 Knowledge Technology Solutions PLC ('KTS' or the 'Company') Placing and Additional Listing, Change of Nominated Adviser and Broker Knowledge Technology Solutions PLC today announces that 8,000,000 new ordinary shares of 0.1p each have been conditionally placed with institutional and other investors at a price of 12.5 pence per share. Once completed, this placing will raise approximately £950,000 net of expenses for the Company. These 8,000,000 new ordinary shares of 0.1 pence each will rank pari passu with all other ordinary shares now in issue. Application for these new shares to be admitted to trading on AIM has been made and admission is expected to occur on 23 September 2003. The net proceeds of the placing will be used for: •The continuing roll out of QuoteTerminal, the UK-only live financial news and data service •Accelerating the sales and marketing of MarketTerminalTM, the international live financial news and data service, which is targeted at global financial institutions, upon its launch in the coming months •Strengthening the Company's working capital position •Recruitment of technical specialists and customer services staff The placing is conditional upon admission of the new shares becoming effective on or before 23 September 2003 (or such later date as the Company and KBC Peel Hunt Ltd may agree, being no later than 30 September 2003). Following admission, the enlarged issued share capital of the Company will be 118,943,302 ordinary shares of 0.1p each. Change of nominated adviser and broker KBC Peel Hunt Ltd has been appointed as KTS's nominated adviser and broker with immediate effect. KTS Chief Executive, Dr Marc Pinter-Krainer, said: 'The support we've received from institutional investors and private shareholders is a great endorsement of the success we've had so far in developing and marketing QuoteTerminal. We're now looking forward to the next phase in our growth, which is the vigorous sales and marketing of the international live financial news and data service MarketTerminalTM when it launches in the coming months.' Enquiries, please contact: Knowledge Technology Solutions PLC Dr Marc Pinter-Krainer 020 8795 2700 Gresham PR Limited Neil Boom/Jenny Leahy 020 7404 9000 KBC Peel Hunt Ltd. Oliver Scott 020 7418 8900 This information is provided by RNS The company news service from the London Stock Exchange
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