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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fletcher King | AQSE:FLK.GB | Aquis Stock Exchange | Ordinary Share | GB0003425310 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 42.50 | 40.00 | 45.00 | 42.50 | 42.50 | 42.50 | 0.00 | 06:55:34 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2021 to May 2024
TIDMFLK
RNS Number : 0264D
Fletcher King PLC
28 February 2022
Fletcher King plc
("Fletcher King" or "the Company")
Update on Conditional Placing of New Ordinary Shares and Conditional Director Dealing
Further to the announcements of 4 October 2021 regarding the Conditional Placing and Conditional Director Dealing, Fletcher King announces that FCA controller approval has now been received for Elliott Bernerd and CM Strategic 613 Limited.
As a result, the placing of a total of 1,042,430 new ordinary shares of 10 pence each (the "Placing Shares") at a price of 52.5 pence per share to raise GBP547,276 before expenses (the "Placing") to CM Strategic 613 Limited and the sale by the Company's three largest shareholders of part of their existing shareholdings in Fletcher King at a sale price of 52.5 pence per share, to CM Strategic 613 Limited (the "Share Sale") are anticipated to complete by Thursday.
A further announcement will be made shortly.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
Enquiries
Fletcher King plc
David Fletcher / Peter Bailey
Tel: 0207 493 8400
Cairn Financial Advisers LLP
James Caithie / Liam Murray
Tel: 020 7213 0880
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
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(END) Dow Jones Newswires
February 28, 2022 05:27 ET (10:27 GMT)
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