Corero Announces Successful Close of Fundraising

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that the Special Resolution, contained in the notice of General Meeting, posted to Shareholders on 7 August 2015, was duly passed without amendment at the General Meeting held earlier today.

Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that the Special Resolution, contained in the notice of General Meeting, posted to Shareholders on 7 August 2015, was duly passed without amendment at the General Meeting held earlier today.

Following the passing of the Special Resolution, 50,000,000 New Ordinary Shares will be admitted to trading on AIM at 8.00am on Friday, 28 August 2015 (“Admission”), pursuant to the Subscription, announced on 30 July 2015.

The New Ordinary Shares will be credited as fully paid and will rank pari passu with the existing ordinary shares of 1 pence each of the Company ("Ordinary Shares") when issued.

Following Admission, the Enlarged Issued Share Capital will be 165,637,416. Shareholders should use the figure of 165,637,416 Ordinary Shares in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.

Capitalised terms used but not defined in this announcement shall have the meaning given to them in the Circular.

 

Enquiries:

Corero Network Security plc

 

Andrew Miller, CFO and Chief Operating Officer

Tel: 01895 876382

 

 

finnCap

 

Stuart Andrews / Carl Holmes (corporate finance)

Tel: 020 7220 0500

Stephen Norcross (corporate broking)

 

 

 

Redleaf Communications

Tel: 020 7382 4747

Rebecca Sanders-Hewett / David Ison / Susie Hudson

cns@redleafpr.com