First Day of Dealings
2006年9月18日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
RNS Number:0206J
Biocare Solutions PLC
18 September 2006
Biocare Solutions floats on AIM Market
First day of dealings
Biocare Solutions plc ("BSN.L") announces today the first day of trading of its
Ordinary Shares on the AIM market of the London Stock Exchange. Admission to
trading follows a Placing of the Company's Ordinary Shares, which raised #6 1/4
million before expenses, at the Placing Price of 20 pence per share.
The Company expects it will have a market capitalisation of #18.3 million, when
the shares commence trading this morning. KBC Peel Hunt Ltd is acting as
Nominated Adviser and Broker to the Company.
The Company
Biocare Solutions is a fast growing company that develops, manufactures and
sells effective natural household cleaning products. Its products, which retail
through major supermarkets, use plant based ingredients that are as effective
and competitively priced as chemical alternatives.
The Company serves a new but rapidly expanding market as both consumers and
retailers become more aware of the needs of the environment. All packaging is
fully recyclable, reinforcing the Company's green credentials.
The market for effective chemical-free cleaning products continues to gain
momentum as governments, the retail trade and the public show a growing interest
in products that offer positive ecological benefit over traditional chemical
solutions perceived to have a potentially adverse effect on health and the
environment.
The proceeds of the placing will be used immediately to expand production at the
companies manufacturing facility in Meda, Italy. The company aims to grow sales
and distribution as fast as possible consistent with prudent financial
management.
Tony Higson, Managing Director of Biocare Solutions, commented:
"Today's admission to AIM marks a significant step forward for Biocare to allow
the expansion and automation of our production enabling Biocare to expand the
business at a faster pace and take advantage of the many opportunities available
to us.
"I and the other founders of Biocare Solutions believe that positioning the
range as both effective and natural will allow Biocare to capitalise on the
growing interest towards products that offer positive ecological benefits over
traditional chemical solutions perceived to have a potentially adverse impact on
health and the environment."
Notes to Editors
Commencing with distribution in Italy sales have begun into the UK and business
opportunities are being explored in the Far East. Earlier this year a range of
laundry cleaning products was launched, complementing an original suite of
surface cleaning products for kitchens and bathrooms. New products in car care
and other areas are under development.
Placing Statistics
Placing Price 20p
Number of Placing Shares being placed on behalf of the Company 31,250,000
Number of Ordinary Shares in issue immediately following
Admission 91,654,812
Market capitalisation of the Company at the Placing Price #18.3 million
Placing Shares as a proportion of the Enlarged Issued Share
Capital 34.10%
AIM symbol BSN
SEDOL number B1528F8
Web-site: www. www.bio-care.co.uk
For further information:
Biocare Solutions plc
Stuart Anderson, Chairman 020 7849 6640
Tony Higson, Managing Director
KBC Peel Hunt Ltd 020 7418 8900
Richard Kauffer
The SPA Way 020 7403 6900
Niki Wheeler
James Poole
This information is provided by RNS
The company news service from the London Stock Exchange
END
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