Tungsten Corporation PLC Conditional Placing - Admission (1970Q)
2015年6月15日 - 10:27PM
RNSを含む英国規制内ニュース (英語)
TIDMTUNG
RNS Number : 1970Q
Tungsten Corporation PLC
15 June 2015
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
Conditional Placing - Admission
Further to the Company's announcement of the results of the
General Meeting today, an application has been made for the
16,875,985 Conditional Placing Shares to be admitted to trading on
AIM. It is expected that admission will take place at 8.00 a.m. on
16 June 2015 ("Second Admission").
Following Second Admission, Tungsten is expected to have
125,405,397 Ordinary Shares in issue. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
Enquiries:
Tungsten Corporation plc +44 20 7280
Edmund Truell, Group CEO 7901
Juliana Wheeler, Head of +44 20 7280
Global Communications 7973
Charles Stanley Securities
(Nominated Adviser and Joint
Broker) +44 20 7149
Marc Milmo/Dugald Carlean 6000
Canaccord Genuity Limited
(Bookrunner and Joint Broker)
Simon Bridges/Peter Stewart/Andrew +44 20 7523
Beswick 8000
Neustria Partners (Investors
and Analysts)
Robert Bailhache/Nick Henderson/Charles +44 20 3021
Gorman 2580
About Tungsten Corporation plc
Tungsten Corporation (LSE: TUNG) accelerates global trade by
enabling customers to streamline invoice processing, improve
cash-flow management and make better buying decisions from their
detailed spend data.
Buyer organisations that join Tungsten Network, the world's
largest compliant electronic invoice network, can reduce their
invoice-processing costs by 60%. Suppliers benefit from
efficiencies, greater visibility of their invoice status and peace
of mind. Tungsten offers supply chain financing through Tungsten
Bank; and helps buying organisations profit by applying real-time
spend analytics to its vast repository of line-level invoice
data.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100
by connecting the world's largest companies and government agencies
to their thousands of suppliers around the globe. It enables
suppliers to submit tax compliant e-Invoices in 47 countries, and
last year processed transactions worth over GBP121 billion for
organisations such as Alliance Data, Aviva, Cargill, Deutsche
Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's,
and the US Federal Government.
Tungsten Corporation joined forces with OB10 in 2013 to create
the world's largest electronic trading network; and acquired
DocuSphere in September 2014, a provider of accounts payable
automation solutions
This information is provided by RNS
The company news service from the London Stock Exchange
END
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