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USCOM LIMITED — Capital/Financing Update 2009
Sep 29, 2009
65979_rns_2009-09-29_b1949437-0a28-4f86-9935-d70ad79f532c.pdf
Capital/Financing Update
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Uscom Limited ABN 35091028090 Suite 1, Level 7, 10 Loftus Street Sydney NSW 2000 Australia T +612 9247 4144 F +612 9247 8157 www.uscom.com.au
M A R K E T A N N O U N C E M E N T
Completion of Share Purchase Plan (SPP)
Wednesday 30 September 2009: Uscom (ASX code: UCM) today informed shareholders that it had completed the recent SPP.
The SPP closed on Monday the 28[th] of September 2009, the company had received $1,134,342 worth of SPP applications. A total of 1,800,544 shares will be allotted and issued to applicants on 2[nd] of October 2009. Uscom will then have a total of 41,800,544 ordinary shares on issue.
Uscom will apply to the ASX to have the shares listed and they should be tradable on Monday the 5[th] of October 2009.
Uscom Chairman, Mr Rob Phillips said “Uscom is pleased with the result and the board thanks the shareholders for their support. The additional capital will enable us to grow the business to support our partners and further other market opportunities”.
About Uscom
Uscom Limited is an Australian medical device company which was first listed on the Australian Stock Exchange in December 2003. Uscom has developed a Non Invasive Cardiac Output Monitor. The USCOM is a simple, cost-effective and non-invasive device that measures heart function, detects irregularities and guides treatment. The USCOM device has major applications in Paediatrics, Emergency Medicine, Intensive Care Units and Anesthesia, and is a tool of choice for management of adult and paediatric sepsis, and for the guidance of all fluid administration. USCOM has global regulatory approval and the technology is currently marketed in North America, South America, Europe, the Middle East, India and Australia by Spacelabs Healthcare, while in China and SE Asia USCOM is distributed by Pacific Medical Systems and in New Zealand it is distributed by MedXus.
Uscom Contacts
Paul Butler Chief Executive Officer [email protected]
Rob Phillips Executive Chairman [email protected]