Metropol (UK) Limited acted as a joint broker of the placing of ordinary shares of International Marketing and Sales Group Plc (IMSG)
Canaccord Adams Limited acted as lead bookrunner
and broker in a syndicate including Metropol (UK) Limited, who
acted as joint brokers to the placing. The Placing 6 182 697
ordinary shares of IMSG at a price of
178 pence per share, raising approximately £11 million (before
expenses) for IMSG. Cost of the placed actions has made 178
pence for the action. Accommodation of actions has passed by means
of release of 5 340 000 new ordinary actions, and also, in view of
significant demand from институциональных investors, sale of 842
697 actions belonging some directors and shareholders IMSG. The
tenders under new actions should begin on May, 16th, 2007.
In addition to the
£11 million raised by the Placing, IMSG also announces that
International Marketing & Sales Group Limited ("IMSG Jersey"),
the newly-incorporated Jersey company which is to become the
holding company of the Group upon implementation of the group
reorganisation announced on 10 May, 2007, has entered into a
conditional placing agreement with a strategic Emerging Markets
investor to subscribe for 2,150,000 new ordinary shares in IMSG Jersey at 178 pence per share,
raising approximately £3.8m (before expenses) for the IMSG
group.
The Group includes six battery plants and business units developing and introducing new technologies, and distributing products.
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year