Result of AGM

RNS Number : 9468M

Immersion Technologies Intl PLC

06 February 2009

 



For Immediate Release

6 February 2009

Immersion Technologies International plc

('Immersion' or 'Company')

Result of Annual General Meeting

At the Annual General Meeting of the Company held today, all the resolutions were duly passed including the resolution to subdivide each existing issued and unissued ordinary shares of 0.7p each into one ordinary share of 0.01p each and one deferred share of 0.69p each. The deferred shares have effectively no value and no share certificate in respect of these shares will be issued. Share certificates for the existing ordinary shares will remain valid.

Accordingly, application has been made for a total of 265,324,634 ordinary share of 0.01p each to be admitted to trading on AIM and such admission is expected to commence trading on 12 February 2009.

This enables the Company to consider the issue of new ordinary shares should the opportunity arise.

Also passed at the AGM were resolutions empowering the Directors to issue new ordinary shares up to the amount of £77,177 including issues for cash on a non-preemptive basis up until the conclusion of the 2010 AGM.

-Ends-

For further enquiries:

Immersion Technologies International plc
David Lenigas/Kiran Morzaria	[phone]
Pelham Public Relations
Archie Berens	[phone] /  [phone]
Beaumont Cornish - Nominated Adviser
Roland Cornish	[phone]

 

END

 

 

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