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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Newmarket Inv. | LSE:NWN | London | Ordinary Share | GB0001288504 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
17 March 2008 NEWMARKET INVESTMENTS PLC("NEWMARKET" OR THE "COMPANY") RESULTS OF GENERAL MEETING AND PLACING AND OPEN OFFER On 20 February 2008, Newmarket announced details of a Placing and Open Offer of 131,500,000 New Ordinary Shares at 1 penny per share to raise £1,315,000 (approximately £775,000, net of expenses). The Board of Newmarket Investments plc announces that, at the General Meeting held earlier today, all the Resolutions which were set out in the Notice of General Meeting included in the AIM Admission Document in relation to the Proposals dated 20 February 2008 (the Admission Document) were duly passed. The Board of Newmarket further announces that by 11.00 a.m. on 14 March 2008, being the latest time for receipt of application forms and payment in full under the Open Offer, valid applications had been received from Qualifying Shareholders in respect of a total of 5,703,829 New Ordinary Shares offered under the Open Offer, including 697,215 New Ordinary Shares the subject of irrevocable commitments to accept the Open Offer. This represents approximately 12.3 per cent. of the 46,375,000 New Ordinary Shares offered under the Open Offer. The 40,671,171 New Ordinary Shares not applied for by Qualifying Shareholders under the Open Offer will be taken up pursuant to the Placing and Open Offer Agreement. The New Ordinary Shares to be issued under the Placing and Open Offer will rank pari passu with the existing Ordinary Shares in all respects. The Placing and Open Offer remain conditional upon, inter alia, admission of the New Ordinary Shares to trading on AIM. Application has been made to the London Stock Exchange for the 233,909,100 New Ordinary Shares issued pursuant to the Proposals to be admitted to trading on AIM and it is expected that Admission will become effective and dealings in the New Ordinary Shares will commence on 18 March 2008. Terms defined in the Admission Document have the same meaning in this announcement. For further information please contact:- Newmarket Investments plc Tony Gadsby Peet Chief Executive Tel: 020 7486 8985 Nominated Adviser City Financial Associates Limited Liam Murray Tel: 020 7492 4777 Broker Ellis Stockbrokers Limited Neil Badger Tel: 01293 517 744 END
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