REG-PHSC plc: Placing to raise £350,000 <Origin Href="QuoteRef">PHSC.L</Origin>

PHSCAnnouncement

19/08/2016 13:25

19 August 2016

PHSC PLC

("PHSC", the "Company")

Placing to raise £350,000

PHSC plc, a leading provider of health, safety, hygiene and environmental
consultancy services and security solutions to the public and private sectors,
announces that, in response to investor demand communicated to it yesterday,
it has raised £350,000 (before expenses) through a placing of 1,590,909 new
ordinary shares of 10p each (“Ordinary Shares”) with new investors at a
price of 22p per share, arranged by Beaufort Securities Limited (the
“Placing Shares”). The Placing Shares represent 10.8 per cent. of the
enlarged issued Ordinary Shares of the Company.

Use of proceeds

The funds will provide PHSC with additional working capital including for
ongoing expenditure relating to recent acquisitions.

Placing Shares

The Placing Shares will be credited as fully paid and will rank pari passu in
all respects with the existing Ordinary Shares, including the right to receive
all dividends and other distributions declared on or after the date on which
they are issued.

Application will be made for admission of the Placing Shares to trading on AIM
(“Admission”) and it is expected that Admission will be effective on or
around 8.00 am on 5 September 2016.

Total voting rights

Following Admission, the Company's total issued share capital will comprise of
14,677,257 Ordinary Shares. The Company does not hold any Ordinary Shares in
treasury. Therefore the total number of Ordinary Shares with voting rights in
the Company will be 14,677,257. This figure may be used by shareholders 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 to their
interest in, the share capital of the Company following Admission under the
FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

For further information please contact:

 PHSC plc Stephen King Stephen.king@phsc.co.uk www.phsc.plc.uk                       01622 717700   
 Northland Capital Partners Limited (Nominated Adviser) Edward Hutton/David Hignell  0203 861 6625  
 Beaufort Securities Limited (Broker) Elliot Hance                                   020 7382 8300  

About PHSC

PHSC plc, through its trading subsidiaries Personnel Health & Safety
Consultants Ltd, RSA Environmental Health Ltd, Adamson's Laboratory Services
Ltd, QCS International Ltd, Inspection Services (UK) Ltd and Quality Leisure
Management Ltd, provides a range of health, safety, hygiene, environmental and
quality systems consultancy and training services to organisations across the
UK. B to B Links Ltd and SG Systems (UK) Ltd offer innovative retail security
solutions including tagging, labelling and CCTV.



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