XL TechGroup Company, TyraTech, Announces Intention to Float on AIM
19 April 2007
XL TechGroup (AIM: XLT), the systematic architect and builder of an ongoing stream of high value new companies, announces that its second company, TyraTech LLC ("TyraTech"), a developer of safer, effective and natural pesticide products, has advised of its intention to proceed with a placing of common shares and to seek admission to trade on AIM, the market owned and operated by the London Stock Exchange plc.
As of 18 April 2007, XL TechGroup's beneficial ownership in TyraTech was 61.18%.
For further information:
| XL TechGroup Inc. | |
| John Scott / Harold Gubnitsky | Tel: +1 321 409 7403 |
| hgubnitsky@xltg.com | www.XL TechGroup.com |
| Chris Munden, Director of Investor Relations | Tel: +44 (0) 20 7398 7720 |
| cmunden@xltg.com | |
| Nomura Code Securities | |
| Richard Potts, Corporate Finance | Tel: +44 (0) 20 7776 1200 |
| www.codesecurities.com |
XL TechGroup media enquiries:
| Abchurch Communications | |
| Heather Salmond | Tel: +44 (0) 20 7398 7700 |
| heather.salmond@abchurch-group.com | |
| Gareth Mead | |
| gareth.mead@abchurch-group.com | www.abchurch-group.com |
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