CMG Croma Grp

 

TIDMCMG 
 
RNS Number : 4638N 
Croma Group PLC 
11 June 2010 
 

                                Croma Group PLC 
                           ("Croma" or the "Company") 
 
                                Issue of equity 
 
The Board of Croma announces that, on 8 June 2010, the Company placed 4,000,000 
new ordinary shares of 0.1p each ("New Ordinary Shares") (representing 
approximately 2.16 per cent. of the current issued share capital of the Company) 
at a price of 2.5 pence per share to Lord James Percy, a director of the 
Company's subsidiary, Vigilant Security (Scotland) Limited, to raise GBP100,000 
(before expenses). 
 
The New Ordinary Shares are being subscribed for under existing authorities to 
issue and allot shares. 
 
Application has been made to the London Stock Exchange for the 4,000,000 New 
Ordinary Shares to be admitted to trading on AIM and it is expected that 
dealings will commence on or around 16 June 2010. 
 
In accordance with FSA's Disclosure and Transparency Rules, the Company advises 
that its increased issued share capital comprises 189,337,805 ordinary shares of 
0.1 pence each. The voting rights of all of these shares are identical with each 
share carrying the right to one vote. The Company holds no ordinary shares in 
Treasury. The above figure may be used by shareholders as the denominator for 
the calculations by which they will determine if they are required to notify 
their interest in, or a change to their interest in, Croma Group Plc under the 
Disclosure and Transparency Rules. 
 
Chief Executive Quote 
 
Sebastian Morley (CEO), commenting on the transaction, said: 
"Following a number of strong contract wins, Croma welcomed the opportunity to 
strengthen its balance sheet. We are pleased that Lord James Percy, a core 
member of the Vigilant team, has expressed confidence in the Company through his 
investment." 
 
+---------------------------------+---------------------------------+ 
| Croma Group PLC                 |                                 | 
| Sebastian Morley, CEO           | Tel: 07768 006909               | 
|                                 |                                 | 
+---------------------------------+---------------------------------+ 
| Brewin Dolphin (NOMAD):         |                                 | 
| Sandy Fraser                    | Tel: 0845 213 2072              | 
+---------------------------------+---------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IOEFBMPTMBIBMLM 
 

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