Share Name Share Symbol Market Type Share ISIN Share Description
Imperial X Plc NEX:IMPP NEX Ordinary Share GB00B44LQR57
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.50 0.00 0.00 6.50 6.50 6.50 0.00 10:22:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Imperial X Plc Issue of Equity to Raise GBP346,776

29/10/2019 7:00am

UK Regulatory (RNS & others)


 
TIDMIMPP 
 
29 October 2019 
 
                                Imperial X Plc 
                         ("Imperial" or the "Company") 
 
                       Issue of Equity to Raise GBP346,776 
 
The Directors of Imperial X Plc are pleased to announce that the Company has 
received commitments to raise GBP346,776 through the placing of 13,871,026 new 
Ordinary Shares of 0.1p each (the "Placing Shares") at a price of 2.5p per 
share. The Placing Shares represent 27.33 per cent of the enlarged issued share 
capital of the Company with the funds to be used for working capital and 
corporate costs. 
 
The shares have been placed to a range of high net worth investors. 
 
Application will be made for the 13,871,026 Placing Shares to be admitted to 
trading on the NEX Exchange Growth Market and it is expected that admission 
will occur on or around 1 November 2019. 
 
On completion of the placing, the Company's enlarged issued capital consists of 
50,748,526 Ordinary Shares of 0.1p per share with voting rights. This number 
may be used by shareholders, following the placing, as the denominator for the 
calculations by which they will determine if they are required to notify their 
interest in, or a change in interest in, the share capital of the Company under 
the Financial Conduct Authority's Disclosure and Transparency Rules. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
For further information please contact: 
 
Imperial X Plc 
Kyler Hardy 
Tel: +1 250 877 1394 
khardy@cronincapital.com 
 
Peterhouse Capital Limited 
Guy Miller 
Tel: +44 20 7220 9795 
 
 
 
END 
 

(END) Dow Jones Newswires

October 29, 2019 03:00 ET (07:00 GMT)

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