We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Capital Limited | LSE:CAPD | London | Ordinary Share | BMG022411000 | COMM SHS USD0.0001 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 103.00 | 101.50 | 103.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 318.42M | 36.74M | 0.1897 | 5.40 | 198.54M |
From Apr 2019 to Apr 2024
TIDMCAPD
RNS Number : 0987L
Capital Drilling Limited
28 September 2016
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
FOR IMMEDIATE RELEASE 28 SEPTEMBER 2016
Capital Drilling Limited
("Capital Drilling", the "Group" or "the Company")
COMPLETION OF SECONDARY PLACING
Capital Drilling (LSE: CAPD), a leading drilling solutions company focused on emerging and developing markets, announces that further to the announcement released earlier this morning, certain Directors and founding shareholders of the Company (the "Vendors") have sold 25,500,000 existing ordinary shares of US$0.0001 in the Company (the "Placing Shares") at 48p per Placing Share representing approximately 18.9% of the Company's issued share capital (the "Placing").
The Placing was conducted through an accelerated bookbuild with finnCap Ltd ("finnCap") and Tamesis Partners LLP ("Tamesis").
Subsequent to the Placing, and in accordance with Disclosure and Transparency Rule 3.1.4, the revised shareholdings in the Company of those Vendors who are directors or PDMRs of the Company under the Disclosure and Transparency Rules are as follows and the Notification of Dealing Forms required under the EU Market Abuse Regulation are set out at the end of this announcement:
Hot Features
Premium
Director Placing Shares sold Resultant Shareholding
-------------- --------------------------- ----------------------------
Number of % of issued Number of % of issued
Placing share capital Ordinary share capital
Shares Shares
-------------- ---------- --------------- ----------- ---------------
Jamie Boyton 7,690,949 5.70 20,850,182 15.46
-------------- ---------- --------------- ----------- ---------------
Brian Rudd 5,499,772 4.08 14,909,905 11.05
-------------- ---------- --------------- ----------- ---------------
David Payne 1,165,004 0.86 3,158,333 2.34
-------------- ---------- --------------- ----------- ---------------
Craig Burton 7,670,735 5.69 20,795,394 15.42
-------------- ---------- --------------- ----------- ---------------
Mark Parsons, CEO of Capital Drilling, commented: "Over the last year Capital Drilling has seen a significant improvement in its core business which has in turn generated significant demand from a range of investors for equity in the Company. In recognition of that demand the Directors have reduced their collective holding from 70% to 51% through the Placing to a combination of existing and new shareholders. The completion of this Placing has simultaneously broadened our shareholder base, satisfied significant market demand, increased share liquidity, whilst retaining a substantial stake in the Company for the existing management team. Capital Drilling is pleased by the positive response from our new and existing shareholders to the Placing and we look forward to continuing to generate returns for our broader shareholder base."
Jamie Boyton, Chairman of Capital Drilling, further commented: "The founders of Capital Drilling are pleased to have facilitated the entry of some excellent institutions onto our share register. The Board and management teams are committed to retaining a significant stake in the Company, aligning our interests entirely with all of our shareholders, and we look forward to making further progress in growing the business, in an improving market for our drilling services."
For further information, please visit Capital Drilling's website www.capdrill.com or contact:
Capital Drilling +230 464 3250
Jamie Boyton, Chairman investor@capdrill.com
Mark Parsons, Chief Executive Officer
finnCap +44 (0)20 7220 0500
Christopher Raggett, Corporate Finance
Joanna Scott/Simon Johnson, Corporate Broking
Tamesis +44 (0)20 7389 5021
Richard Greenfield/Charlie Bendon
Buchanan +44 (0)20 7466 5000
Bobby Morse capitaldrilling@buchanan.uk.com
Gemma Mostyn-Owen
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
About Capital Drilling
Capital Drilling provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 96 drilling rigs with established operations in Botswana, Chile, Egypt, Ethiopia, Kenya, Mali, Mauritania, Serbia and Tanzania. The Group's corporate headquarters is in Mauritius.
Notification of Dealing Forms
1. Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------
a) Name Jamie Boyton
--- ------------------------------- -----------------------------
2. Reason for the Notification
--- --------------------------------------------------------------
a) Position/status Executive Chairman
--- ------------------------------- -----------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------
a) Name Capital Drilling Limited
--- ------------------------------- -----------------------------
b) LEI n/a
--- ------------------------------- -----------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- --------------------------------------------------------------
a) Description of ordinary shares of US$0.0001
the Financial each ("Ordinary Shares")
instrument, type
of instrument
---
Identification BMG022411000
code
--- ------------------------------- -----------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
48p 7,690,949
--------- ----------
--- ------------------------------- -----------------------------
d) Aggregated information: Single transaction
* Aggregated volume
* Price
--- ------------------------------- -----------------------------
e) Date of the transaction 28 September 2016
--- ------------------------------- -----------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- ------------------------------- -----------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------
a) Name Brian Rudd
--- ------------------------------- -----------------------------
2. Reason for the Notification
--- --------------------------------------------------------------
a) Position/status Executive Director
--- ------------------------------- -----------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------
a) Name Capital Drilling Limited
--- ------------------------------- -----------------------------
b) LEI n/a
--- ------------------------------- -----------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- --------------------------------------------------------------
a) Description of ordinary shares of US$0.0001
the Financial each ("Ordinary Shares")
instrument, type
of instrument
---
Identification BMG022411000
code
--- ------------------------------- -----------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
48p 5,499,772
--------- ----------
--- ------------------------------- -----------------------------
d) Aggregated information: Single transaction
* Aggregated volume
* Price
--- ------------------------------- -----------------------------
e) Date of the transaction 28 September 2016
--- ------------------------------- -----------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- ------------------------------- -----------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------
a) Name David Payne
--- ------------------------------- -------------------------------
2. Reason for the Notification
--- ----------------------------------------------------------------
a) Position/status PDMR - Chief Operating Officer
--- ------------------------------- -------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a) Name Capital Drilling Limited
--- ------------------------------- -------------------------------
b) LEI n/a
--- ------------------------------- -------------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ----------------------------------------------------------------
a) Description of ordinary shares of US$0.0001
the Financial each ("Ordinary Shares")
instrument, type
of instrument
---
Identification BMG022411000
code
--- ------------------------------- -------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------------- -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
48p 1,165,004
--------- ----------
--- ------------------------------- -------------------------------
d) Aggregated information: Single transaction
* Aggregated volume
* Price
--- ------------------------------- -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------------- -------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- ------------------------------- -------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------
a) Name Craig Burton
--- ------------------------------- -----------------------------
2. Reason for the Notification
--- --------------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------------- -----------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------
a) Name Capital Drilling Limited
--- ------------------------------- -----------------------------
b) LEI n/a
--- ------------------------------- -----------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- --------------------------------------------------------------
a) Description of ordinary shares of US$0.0001
the Financial each ("Ordinary Shares")
instrument, type
of instrument
---
Identification BMG022411000
code
--- ------------------------------- -----------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
48p 7,670,735
--------- ----------
--- ------------------------------- -----------------------------
d) Aggregated information: Single transaction
* Aggregated volume
* Price
--- ------------------------------- -----------------------------
e) Date of the transaction 28 September 2016
--- ------------------------------- -----------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- ------------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUWRURNUAKUAR
(END) Dow Jones Newswires
September 28, 2016 08:05 ET (12:05 GMT)
1 Year Capital Chart |
1 Month Capital Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
