RNS Number 8303H
Sareum Holdings PLC
15 November 2007

  

Sareum Holdings plc

Placing of shares

 

Application has been made for the admission of 25,947,713 shares to trading on AIM with admission expected to take place on 21 November 2007.

The shares have been issued pursuant to the placing announced on 22 October

2007. As announced on 24 October 2007, the Company intended to issue these placing shares subject to approval by shareholders which was granted at the annual general meeting of the Company held earlier today.

Following the issue of these shares, the Company's issued share capital consists of 572,752,824 ordinary shares with a nominal value of 0.025p each ('Ordinary Shares'), with voting rights. The Company does not hold any Ordinary Shares in Treasury.

  

For further information:

Sareum Holdings plc
01223 497700
Tim Mitchell, Chief Executive Officer

 

Buchanan Communications
020 7466 5000
Tim Anderson, Mary-Jane Johnson

 

Grant Thornton Corporate Finance
020 7383 5100
Philip Secrett, Colin Aaronson