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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Contango Holdings Plc | LSE:CGO | London | Ordinary Share | GB00BF0F5X78 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 4.17% | 1.25 | 1.10 | 1.40 | 1.25 | 1.25 | 1.25 | 65,724 | 08:00:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 0 | -6.71M | -0.0142 | -0.88 | 5.67M |
TIDMCGO
RNS Number : 2621Q
Contango Holdings PLC
17 June 2020
17 June 2020
Contango Holdings Plc
('Contango' or the 'Company')
Result of General Meeting
Contango Holdings Plc ("Contango" or the "Company") is pleased to announce at its General Meeting held earlier today all resolutions were duly passed.
Accordingly the Company has today authorised the issue and allotment of 128,849,961 ordinary shares of GBP0.01 each (the "Ordinary Shares") at a price of GBP0.05 each to Consolidated Growth Holdings Limited, 28,000,000 Ordinary Shares at a placing price of GBP0.05 raising gross proceeds of GBP1,400,000 (the "Placing") and 3,333,330 Ordinary Shares at a price of GBP0.375 per share in lieu of a completion bonus; collectively the "New Ordinary Shares".
The full details are set out in the announcement dated 22 May 2020.
Admission to Trading on the Main Market
Further to the announcement on 22 May 2020, the London Stock Exchange has conditionally accepted the application for the existing share capital of the Company to be readmitted and for the New Ordinary Shares to be admitted to the official list by way of a standard listing ("Readmission") and it is anticipated that Readmission will take place tomorrow, 18 June 2020. The New Ordinary Shares will rank pari passu with the existing ordinary shares. The Company confirms that, following the issue of the New Ordinary Shares, its issued share capital will comprise 203,133,278 Ordinary Shares upon Readmission. All of these Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company will therefore be 203,133,278 upon Readmission.
For further information, please visit www.contango-holdings-plc.co.uk or contact:
Contango Holdings plc E: info@contango-holdings-plc.co.uk Brandon Hill Capital Limited T: +44 (0)20 3463 5000 Financial Adviser & Broker Jonathan Evans St Brides Partners Ltd T: +44 (0)20 7236 1177 Financial PR & Investor Relations Catherine Leftley/Cosima Akerman
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 17, 2020 07:09 ET (11:09 GMT)
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