AIM Admission
Published: 15/12/2005, 08:52
Weatherly International PLC 15 December 2005 15 December 2005 Weatherly International plc ("Weatherly" or the "Company") Admission to AIM Weatherly International plc announces that its ordinary shares commenced trading on AIM earlier today and that accordingly it has completed the acquisition of Puku Minerals Limited (the "Acquisition") and the placing of 29,312,500 ordinary shares at 8 pence per share (the "Placing Price"), raising gross proceeds for Weatherly of £2.345 million (the "Placing"). The commencement of trading on AIM of the Company's ordinary shares follows the Acquisition and the Placing. 143,689,593 shares will be in issue on admission, resulting in a market capitalisation at the Placing Price of approximately £11.5 million. For further information, please contact: Weatherly International plc Rod Webster, Chief Executive +44 (0) 20 7332 2204 Peter Redmond, Non-Executive Director Libertas Capital Brad Cheng / Aamir Quraishi +44 (0) 20 7569 9650 This information is provided by RNS The company news service from the London Stock Exchange