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Toumaz Ltd Announces Issue Of Equity In Relation To Deferred Consideration


Monday, 20 May 2013 07:04am EDT 

Toumaz Ltd announced that pursuant to the terms of the Acquisition Agreement (as defined in the Company's announcement of July 03, 2012), Toumaz has issued 4,386,533 new ordinary shares of 0.25 pence each (Ordinary Shares) in settlement of deferred consideration due under the Acquisition Agreement. The Company has applied for these 4,386,533 new Ordinary Shares (New Shares) to be admitted to trading on AIM, which is expected to occur on May 23, 2013. Following the admission to trading of the New Shares, Toumaz will have a total issued share capital of 1,185,631,998 Ordinary Shares. 

Company Quote

7.0
0.125 +1.82%
27 Aug 2014