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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Good Life Plus Plc | AQSE:GDLF | Aquis Stock Exchange | Ordinary Share | GB00BPSMPW93 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.90 | 2.50 | 3.00 | 2.90 | 2.75 | 2.90 | 0.00 | 16:29:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSEMP
RNS Number : 7887X
Semper Fortis Esports PLC
28 April 2023
28 April 2023
SEMPER FORTIS ESPORTS PLC
("Semper Fortis Esports" or the "Company")
Subscription to raise GBP100,000, Strategy Update and Total Voting Rights
Semper Fortis Esports PLC (AQSE: SEMP) is pleased to announce that it has raised GBP100,000 before expenses through a subscription ("Subscription") for an aggregate of 100,000,000 new ordinary shares of 0.01 pence par value each at a price of 0.1 pence per share.
The Subscription is conditional, inter alia, on admission of the Subscription Shares (the "New Ordinary Shares") to trading on the AQSE Growth Market ("Admission").
Application will be made for the New Ordinary Shares to be admitted to trading on the Access segment of the AQSE Growth Market and this is expected to occur on or around 4 May 2023.
Strategy Update
On 22 March 2023, the Company announced that its Chief Operating Officer had stepped down as the Board sought to bring costs down as much as possible and to evaluate its strategy going forward. Costs have been brought down to a minimum and following the receipt of the Subscription, the Company will have just over GBP500k of cash and minimal liabilities. The Board believes that the Company is an attractive acquisition vehicle and is therefore exploring a number of options to acquire another business. Such an acquisition would very likely constitute a Reverse Takeover transaction.
The Board looks forward to updating the market on any material progress in this regard and any such acquisition would require the consent of our shareholders.
Total Voting Rights
Following Admission of the New Ordinary Shares, the Company's issued ordinary share capital will consist of 515,499,800 ordinary shares of 0.01 pence each. This number represents the total voting rights in the Company, and following Admission, may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's ("FCA") Disclosure and Transparency Rules. The New Ordinary Shares are freely transferable and shall rank pari passu in all respects with the existing ordinary shares of the Company.
ENDS
For more information, please contact:
Semper Fortis Esports plc via Square1 Consulting https://semperfortisesports.com Max Deeley, Finance Director Hybridan LLP - AQSE Corporate Adviser and Broker https://hybridan.com/ Claire Noyce, Managing Partner, Corporate Finance +44 203 764 2341 Niall Pearson, Head of Corporate Broking & Sales +44 203 764 2343 Square1 Consulting +44 207 929 5599 David Bick +44 7831 381201
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END
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(END) Dow Jones Newswires
April 28, 2023 02:00 ET (06:00 GMT)
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