Cambridge Display Technology (CDT) [Nasdaq: OLED] - the global pioneer in the research, development and commercialisation of light emitting polymers (P-OLEDs) - announced today that it has entered into definitive agreements with institutional and other accredited investors for the private placement of 2,187,500 shares of its common stock at a purchase price of $8.00 per share, together with warrants to purchase up to 656,250 additional shares of its common stock at an exercise price of $12.00 per share.

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