Result of EGM

RNS Number : 9018W

Screen Technology Group plc

17 June 2008

 

17 June 2008

Screen Technology Group plc

("Screen" or the "Company")

Result of General Meeting 

Result of Open Offer

The Company announces that at the General Meeting of the Company held today, the resolutions set out in the circular sent to shareholders on 23 May 2008 (the "Circular") were duly passed.

As at 16 June 2008, being the last closing date for applications under the Open Offer, applications had been received in respect of 18,691,445 New Ordinary Shares to raise £123,364. 

As a result, the Placing and Open Offer has raised in aggregate £1,006,164 (before expenses). This is in addition to the £200,000 loan by Scaent Holdings Cooperatie UA as set out in the Circular.

Accordingly, application has been made for 167,600,577 New Ordinary Shares to be admitted to trading on AIM.  Admission to trading is expected on the 18 June 2008. 

Upon Admission the number of shares in issue will be 203,252,047.

Enquiries: 

Screen Technology Group plc Tom Jarman	Tel:  [phone]
Charles Stanley Securities  Nominated Adviser Russell Cook / Carl Holmes	Tel: [phone]

 

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