Issue of Equity

RNS Number : 7223C

Deltex Medical Group PLC

10 March 2011

 



 

Deltex Medical Group plc

Issue of equity

10 March 2011 Deltex Medical Group plc ("Deltex Medical" or the "Company"), the global leader in oesophageal Doppler monitoring ("ODM"), announces that it has today issued a total of 231,711 new ordinary shares of 1p each in the Company (" Ordinary Shares") at an average price of 19.70 pence per share.

The Company has issued 124,019 New Ordinary Shares to former employees of the Company as a final discharge of contractual commitments.   In addition to these shares, the Company has also issued a total of 107,692 New Ordinary Shares to an adviser of the Company at a price of 19.50 pence per share.

Accordingly, application has been made for the New Ordinary Shares to be admitted to trading on AIM. The shares rank pari passu with the existing issued shares of the Company and dealings are expected to commence on 15 March 2011.  Following the issue of these new shares the Company has a total of 132,757,577 Ordinary Shares in issue.

For further information, please contact:-

Deltex Medical Group plc                                                                                01243 774 837
Nigel Keen, Chairman                                        
Ewan Phillips, Chief Executive                           
Paul Mitchell, Finance Director               

Nominated Adviser and Broker                                                                        0207 614 5917

Arden Partners plc 

Christopher Hardie

Jamie Cameron

 

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