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Article: Gas Turbine Efficiency plc: First Day of Dealings.
- Article from:
- Business Wire
- Article date:
- December 21, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON -- Gas Turbine Efficiency plc:
Gas Turbine Efficiency plc ("GTE" or "the Company")
First Day of Dealings
Gas Turbine Efficiency plc, a leading supplier of advanced high pressure gas turbine cleaning systems, announces that the Company's shares have been admitted today to trading on the AIM market of the London Stock Exchange plc. The Company's trading symbol is "GTE".
18 million new ordinary shares have been placed with investors at 30p per share, raising approximately US$9 million (GBP 5.4 million), before expenses for GTE. EIG Venture Capital Limited, the existing major shareholder in the Company, has invested a further GBP 1 ...