ARTO Arteon

 
TIDMARTO 
 
Arteon PLC / Index: AIM / Epic: ARTO 
 
10 February 2010 
 
                    Arteon PLC (`Arteon' or `the Company') 
 
                                Issue of equity 
 
Issue of equity 
 
The Company announces that, in order to promote liquidity in the Company's 
shares and improve the balance sheet, it has issued 45,000 new ordinary shares 
in the company at a price of 120 pence per share representing proceeds of GBP 
54,000. 
 
Included in the above, certain suppliers have agreed to convert GBP19,000 of 
liabilities in to new ordinary shares in the Company. 
 
The proceeds will be used to provide the Company with additional working 
capital resources. 
 
The 45,000 new ordinary shares will rank pari passu with the existing ordinary 
shares. Application has been made to the London Stock Exchange for the new 
ordinary shares to be admitted to trading on AIM. Admission is expected to 
occur on or around 16 February 2010. 
 
 
Shareholder working capital facility 
 
The board has agreed in principle that the Company will enter into a new 
shareholder financing facility, the terms of which are currently being 
negotiated. A further announcement in relation to this matter will be made in 
due course. 
 
                                  ** ENDS ** 
 
 
For further information visit www.arteonplc.com or contact: 
 
 
Peter Hagerty             Arteon PLC                   Tel: +44 (0)20 7148 7700 
 
Gavin Burnell             Astaire Securities PLC       Tel: +44 (0)20 7448 4400 
 
Isabel Crossley           St Brides Media & Finance    Tel: +44 (0)20 7236 1177 
                          Ltd 
 
Paul Youens               St Brides Media & Finance    Tel: +44 (0)20 7236 1177 
                          Ltd 
 
 
 
END 
 

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