Additional Listing
24 Abril 2007 - 7:25AM
UK Regulatory
RNS Number:4003V
ClearSpeed Technology plc
24 April 2007
ClearSpeed Technology plc
Additional Listing
On 2 April 2007 ClearSpeed Technology plc ("ClearSpeed" or the "Company", AIM:
CSD), a leader in high-performance co-processors for supercomputing
applications, announced a conditional placing of 20 million ordinary shares of
1p each at a price of 100 pence per share (the "Placing Price") and in addition
set aside a total of up to 100,000 ordinary shares to be offered to ClearSpeed
employees at the Placing Price.
As a result of the employee offer, the Company has received application forms
from employees to subscribe for 56,450 new ordinary shares in the Company.
Consequently, application has been made to the London Stock Exchange for, in
aggregate, 20,056,450 new ordinary shares to be admitted to AIM and it is
expected that admission will take place on 27 April 2007, subject to shareholder
approval at the EGM. The new ordinary shares will rank pari passu with the
existing shares of the Company.
Following the allotment, the total issued share capital of the Company has
increased to 62,634,497 ordinary shares.
Enquiries
ClearSpeed Technology plc 0117 317 2000
Paul Webb, Chief Financial Officer
This information is provided by RNS
The company news service from the London Stock Exchange
END
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