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Directors invest in JETCAM
January 2001
Ivan Stern, Chief Executive, and Bill King, Development Director, the two largest JETCAM shareholders, have each subscribed for 290,910 shares in the Company at a price of 27.5p per share.
The subscriptions fall within the Directors? powers to allot shares for cash on a non pre-emptive basis. The aggregate proceeds of the subscription, which amount to £160,000, will provide additional working capital to the Company as activity increases.
Application will be made for the subscription shares to be admitted to trading on AIM. Trading is expected to commence on 15 January 2001.
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