PIL
03/07/2014 12:39
GENERAL
REL: 1239 HRS Promisia Integrative Limited
GENERAL: PIL: Successful SPP & Additional Placement Outcome
Successful SPP and Additional Placement Outcome
Mr. Malcolm Johnson, Chairman of Promisia Integrative Limited, announced
today the successful outcome of the Company's Share Purchase Plan (SPP)
together with the placement today of additional shares issued at the same
price as offered in the SPP, being 4.08 cents per share.
The SPP raised $567,000 resulting in 13,897,025 shares being allotted. The
placement raised an additional $1,281,759 and resulted in the allotment of a
further 31,415,686 shares. The placement included new institutional support
for the company which is gratifying.
Commenting on the outcome the Company's Chief Executive Mr. Charles Daily
said: "This will allow the Company to move ahead aggressively on its
marketing plans, particularly in the United States, as well as developing its
domestic market in New Zealand".
A number of small shareholders not having minimum parcels under NZX Rules
took advantage of the SPP to top up their holdings to the minimum level.
The Company also advises that a small error made in an allotment notice on 8
November 2011 under reported the number of shares on issue by 180 shares.
This error has been carried forward in all subsequent allotment notices. The
Company advises that this error has been remedied in the current allotment
notice.
For further information please contact:
Mr. Charles Daily, Chief Executive Officer on (04) 894 8524 or Mr. Malcolm
Johnson, Chairman on (04) 479 3377
ENDS
End CA:00252398 For:PIL Type:GENERAL Time:2014-07-03 12:39:32
