Placing and New Contract - Replacement
03 Agosto 2010 - 2:56AM
UK Regulatory
TIDMILA
RNS Number : 4169Q
Ila Group Limited
03 August 2010
The Company notifies that in the announcement released at 7.00 a.m. on 3 August
2010 under RNS number 3984Q, the amount raised should have read GBP270,291. All
other details in the announcement remain unchanged and the full corrected
wording is set out below:
3 August 2010
Ila Group Limited
("Ila" or the "Company")
Placing and First French Contract
Ila (AIM: ILA), is pleased to announce that it has successfully placed
27,029,141 new ordinary shares of no par value (the "New Shares") at 1p each
with a mixture of institutional and other investors to raise approximately
GBP270,291 (before expenses) for the Company.
Ila is also pleased to announce that their exclusive French distributor has
placed an initial order of 5,100 units for its Dusk product, to be sold in a
leading French supermarket.
Simon McGivern CEO of ILA commented, "This is an important step for Ila to
confirm that it has the continued support of its current and new shareholders in
funding the company's rapidly growing customer base and product range. This is
further demonstrated by the announcement of our first order by our exclusive
French distributor."
Application has been made for the New Shares to be admitted to trading on AIM
and it is expected that admission will become effective on 5 August 2010.
Following admissions of the New Shares, the total number of issued ordinary
shares in the Company will be 567,611,968. The Company does not hold any
ordinary shares in treasury. Therefore this figure may be used by shareholders
in the Company 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, the share capital of the Company under the Financial Service
Authority's Disclosure and Transparency Rules.
For further information please contact:
+--------------------------------+--------------------+
| Ila Group Limited | 020 7501 1050 |
| Simon McGivern, Chief | |
| Executive | |
| Paul Gazzard, Director | |
| | |
+--------------------------------+--------------------+
| Arbuthnot Securities Limited | 020 7012 2000 |
| Antonio Bossi | |
| Ed Groome | |
+--------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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