Avia Health Informatics PLC Additional Monies Raised (6899R)
30 Oktober 2013 - 8:00AM
UK Regulatory
TIDMAVIA
RNS Number : 6899R
Avia Health Informatics PLC
30 October 2013
Avia Health Informatics PLC
to be renamed Cientifica Plc
(the "Company")
Additional Monies Raised
Further to the announcement made on 22 October 2013, Avia Health
Informatics PLC, to be renamed Cientifica Plc, is pleased to
announce, following additional demand from professional investors,
that it has conditionally raised a further GBP54,000 (gross)
through a placing of 2,700,000 new ordinary shares of 0.5p each in
the Company ("New Ordinary Shares") at 2 pence per share (the
"Placing").
Together with the GBP326,000 raised through the placing of 16.3
million shares, also at 2 pence per share, announced on 22 October
2013, the Company has now raised, in aggregate, GBP380,000 gross of
expenses, through the issuance of 19 million new Ordinary Shares at
2 pence per share. The net proceeds of both placings will be
applied to potential acquisition due diligence and general working
capital requirements.
The Placing is conditional on admission of the New Ordinary
Shares to trading on AIM ("Admission"). Application has been made
to the London Stock Exchange for Admission, which is expected to
commence on or around 4 November 2013. The New Ordinary Shares will
rank pari passu with the existing issued ordinary shares of the
Company.
Cientifica will be an AIM quoted investing company focussing on
the acquisition of businesses making use of emerging technologies.
The initial target market is applications of graphene
technology.
Total voting rights
Following Admission, the Company will have 26,149,023 ordinary
shares in issue, with each share carrying voting rights. The
Company holds no shares in treasury. The total number of voting
rights in the Company is therefore 26,149,023. This figure may be
used by shareholders as the denominator for the calculations by
which they determine if they are required to notify their interest
in or a change to their interest in the Company under the
Disclosure Rules and Transparency Rules of the UK Financial Conduct
Authority.
30 October 2013
Cientifica PLC
Tim Baldwin, Non-Executive Chairman +44 (0) 207 518 4300
Allenby Capital Limited (Nominated Adviser)
Nick Naylor / Mark Connelly +44 (0) 203 328 5656
Peterhouse Corporate Finance Limited (Broker)
Lucy Williams / Heena Karani +44 (0) 207 469 0930
Lothbury Financial Services Limited (Financial Public
Relations)
Michael Padley / Gary Middleton +44 (0) 203 440 7620
This information is provided by RNS
The company news service from the London Stock Exchange
END
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