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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Legendary Inv. | LSE:LEG | London | Ordinary Share | GB0001514032 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.085 | 0.08 | 0.09 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLEG
RNS Number : 8660J
Legendary Investments PLC
14 September 2016
14 September 2016
Legendary Investments Plc
("Legendary" or the "Company")
Exercise of Warrants and Issue of Equity
Legendary Investments PLC (AIM: LEG) announces that it has received notice from certain of its warrant holders for the exercise of 12,500,000 warrants over ordinary shares of 0.1p in the Company ("Ordinary Shares") for a total consideration of GBP5. Accordingly, the Company has issued 12,500,000 new Ordinary Shares.
Application will be made for the 12,500,000 new Ordinary Shares to be admitted to AIM, with admission expected to occur on or around 21 September 2016. The new ordinary shares will rank pari passu with the existing ordinary shares.
Following admission of the new Ordinary Shares, the Company's enlarged issued share capital will comprise 2,807,364,166 Ordinary Shares with one voting right per share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 2,807,364,166. This figure of 2,807,364,166 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.
- Ends -
Legendary Investments Zafar Karim Plc / Thomas Reuner 020 8201 3536 Grant Thornton Colin Aaronson UK LLP / Harrison Clarke 020 7383 5100 Beaufort Securities Limited Elliot Hance 020 7382 8300
About Legendary Investments PLC
Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
September 14, 2016 11:05 ET (15:05 GMT)
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