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First Day of Dealings on AIM 28 June 2005
System C Healthcare plc (AIM: SYS), a leading independent provider of IT implementation solutions for the healthcare sector in England, is pleased to announce its flotation AIM today.
A second admission in respect of 11.1 million additional new ordinary shares is expected to become effective and dealings commence on AIM on 29 June 2005.
- Placing Price of 54p per ordinary share
- Based on the above Placing Price per share and following the second admission, the market capitalisation of System C will be approximately £47.7 million
- Net proceeds of the Placing will be approximately £8.5 million for the Company
- Proceeds will be used primarily to accelerate System C's growth both organically and, should the opportunity arise, by selective acquisition
Collins Stewart is the Company's nominated adviser and broker.
Contacts:
Maitland 020 7379 5151
Neil Bennett / Brian Hudspith
Collins Stewart 020 7523 8350
Chris Wells / Mark Connelly
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System C's specialists have implemented interfaces for over 80 clinical and patient systems.