RNS Announcements
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Issue of equity & unlisted warrants 30-07-10
The Company announces that following a drawdown of €125,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 715,625 Ordinary Shares of 10 pence each.
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Issue of equity and unlisted warrants 28-07-10
The Company announces that following a drawdown of €200,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 1,082,738 Ordinary Shares of 10 pence each.
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Issue of equity and unlisted warrants 16-07-10
The Company announces that following a drawdown of €200,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 930,666 Ordinary Shares of 10 pence each.
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Issue of equity & unlisted warrants 14-07-10
The Company announces that following a drawdown of €135,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 745,200 Ordinary Shares of 10 pence each.
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Issue of equity & unlisted warrants 30-06-10
The Company announces that following a drawdown of €125,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 596,354 Ordinary Shares of 10 pence each.
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Grant of Options 30-06-10
The Company announces that it has granted options over a total of 1,475,000 new ordinary shares of 10p each (the “Options”). The Options are exercisable at any time between the 30th June 2010, being the date of grant, and 25 August 2014, subject to the optionholder having served with the Company in the 6 month period prior to the date of exercise. The exercise price is 45 pence per share, which is approximately twice the Company’s stock price today. The officers involved do not receive any bonuses in cash, which is supportive to the company and underlines that they only will be rewarded once the stock price appreciates substantially, which will be in the interest of all shareholders.
- Download: Grant of Options 30-06-10.pdf
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Issue of equity & unlisted warrants 24-06-10
The Company announces that following a drawdown of €600,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 2,623,076 Ordinary Shares of 10 pence each.
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Issue of equity & unlisted warrants 14-06-10
The Company announces that following a drawdown of €100,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 401,059 Ordinary Shares of 10 pence each.
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Issue of equity & unlisted warrants 04-06-10
The Company announces that following a drawdown of €100,000, under the terms of the 18 February 2009 Equity Facility agreement, it has issued 339,393 Ordinary Shares of 10 pence each.
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Share Financing Facility 03-06-10
The Company announces that in order to fund the investment activities in development of the TX6 transmission for production purposes (“B Sample”), an additional funding of €700,000 per month has been agreed with Quivest BV. This will enable the Company to complete the B Sample by the end of June 2010 as planned. This additional funding will be provided through to the end of December 2010 in order to complete the project.
- Download: Share Financing Facility 03-06-10.pdf