Amphion Innovations plc Announces Fundraising.LONDON London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. -- Amphion Amphion (ăm`fēən): see Antiope (1.) Amphion his music so powerful that stones for a wall are moved into place. [Gk. Myth.: Benét, 32] See : Music Innovations plc, the developer of life science and medical technology businesses, announces today that it successfully closed a fundraising
tr.v. al·lot·ted, al·lot·ting, al·lots 1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame. 2. and issued on 3rd January, 2007. Under the terms of the placing, the Company has issued 2,450,000 new ordinary shares at 25 pence pence n. Chiefly British A plural of penny. pence Noun a plural of penny USAGE: Since the decimalization of British currency and the introduction of the abbreviation p, per share ("the Placing Shares"). The net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the placing will be used to invest in new and identified opportunities. Application will be made for the Placing Shares to be admitted to trading on AIM. It is expected that admission will occur at 8am on Friday 12th January 2007. The Placing Shares will rank pari passu [Latin, By an equal progress; equably; ratably; without preference.] Used especially to describe creditors who, in marshalling assets, are entitled to receive out of the same fund without any precedence over each other. PARI PASSU. By the same gradation. in all respects with the existing Ordinary Shares which are currently traded on AIM. Following admission the total number of shares in issue will be 100,100,224. As part of the Placing Richard Morgan Richard Morgan may refer to the following people:
In addition, as part of the Placing, Amphion Capital Partners (a related entity and existing shareholder) acquired 1.025m Ordinary Shares in the Company and is now interested in 8,025,000 Ordinary Shares representing 8.017 per cent. of the total number of Ordinary Shares in issue following the Placing. The shares are registered in the name of Amphion Capital Partners. The partners in Amphion Capital Partners are Richard Morgan, Robert Bertoldi, Richard Mansell-Jones, Anthony Henfrey and Jim Macaleer, all of whom are directors of Amphion Innovations. Amphion Innovations Directors' interest in Amphion Capital Partners:
R.James Macaleer <
29.8%
Richard Morgan <
13.66%
Robert Bertoldi <
8.54%
Richard Mansell-Jones <
2.03%
Anthony Henfrey <
1.32%
<
Total <
55.35%
About Amphion Innovations plc Amphion Innovations plc is listed on the AIM Exchange in London under the symbol AMP. Amphion's business is the formation, financing, management and development of life sciences and technology companies, primarily in the US and UK, working in partnership with corporations, governments, universities and entrepreneurs seeking to commercialize their intellectual property. On the web: www.amphionplc.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion