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Published on 1/30/2006 in the Prospect News PIPE Daily.

New Issue: Senior concludes £9 million private placement of stock

By Sheri Kasprzak

New York, Jan. 30 - Senior plc said it completed a private placement for £9 million.

The company sold 15 million shares at 60p each to institutional investors.

Hoare Govett Ltd. was the placement agent.

Based in Rickmansworth, England, Senior makes metallic tubing used by the automotive and aerospace industries.

Issuer:Senior plc
Issue:Stock
Amount:£9 million
Shares:15 million
Price:60p
Warrants:No
Placement agent:Hoare Govett Ltd.
Settlement date:Jan. 30
Stock symbol:London: SNR
Stock price:61p at close Jan. 27

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