|
|
Article: GLOBAL ENTERTAINMENT GROUP PLC - Placing of Ordinary Shares: GBP1.3 Million Raised.
- Article from:
- PR Newswire UK Disclose
- Article date:
- February 18, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. 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)
|
Under strict embargo until 18 February 2008, 07:00 am
Global Entertainment Group Plc
Placing of Ordinary Shares: A[pounds sterling]1.3 Million Raised
The Directors of Global Entertainment Group Plc (PLUS: GEGO) ("GEG" or "the
Company"), the Asia-focused media and entertainment company, are pleased to
announce that the Company has raised GBP1,300,000 before expenses through the
placing of 86,666,667 new ordinary shares in the Company priced at 1.5p per
share ("the Placing").
Pursuant to the Placing, Daiton Global Limited has become a substantial
shareholder of the Company, holding 71,159,667 ordinary shares representing
23.9 ...