Imagination Technologies Group plc - Listing of Shares
June 26, 2009 -- Apple Inc. is subscribing for 2,200,000 new shares of Imagination Technologies Group plc (LSE: IMG) at £ 1.4275 per share, the mid market close price on 25 June 2009, subject only to listing and admission of the new shares. Apple is a licensee of Imagination's technology. Following the share placement and recent share purchases that Apple has notified IMG that it has made in the open market, Apple will have an ownership interest of 9.5%.
Application for the new shares to be admitted to trading on the London Stock Exchange and the Official List of the UKLA is being made and it is expected that listing and admission of those shares will occur on Wednesday 1 July 2009.
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