LONDON, 17 November 2011 – Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as Nominated Adviser, financial adviser and broker to VPhase plc (AIM: VPHA) on a placing to raise £2.35m.

VPhase is an alternative energy technology company and a leading provider of energy-saving products for residential and commercial properties.

The placing has been supported by its institutional shareholders and the company will use the proceeds to provide working capital for delivery of its contracts pipeline, to cover costs as sales grow and to fund product range extension.