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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Corcel Plc | LSE:CRCL | London | Ordinary Share | GB00BKM69866 | 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% | 0.325 | 0.30 | 0.35 | 0.325 | 0.325 | 0.325 | 356,789 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Nonmtl Minrls, Ex Fuels | 0 | -1.26M | -0.0008 | -4.00 | 5.12M |
TIDMRGM
RNS Number : 2426D
Regency Mines PLC
29 January 2018
REGENCY MINES PLC
("Regency Mines" or the "Company")
Closing Of Fundraise Through Teathers App
29 January 2018
Further to the announcement of 24 January 2018, Regency Mines announces that it has successfully closed the GBP100,000 (the "Fundraise") through the Teathers mobile application (the "Teathers App"), which was fully subscribed.
18,181,818 new ordinary shares of 0.01p each ("Shares") will be issued under the Fundraise at a price of 0.55p per ordinary share on the same terms as described in the "Business Update, Strategic Financing and Director Participation" announcement of 11 January 2018, together with 1 for 1 warrants exercisable at a price of 1p for twenty-four months. The warrants have an accelerator for conversion in that the company can compel conversion of the warrants within the exercise period in the event that the volume weighted average price of Shares equals or exceeds 3.5p for ten consecutive business days.
The Fundraise is conditional on admission of the Shares to trading on AIM ("Admission").
The settlement date under the Fundraise is T+10. Application will be made to the London Stock Exchange for Admission of the Fundraise Shares, which will rank pari passu with the Company's existing issued Ordinary Shares. Dealings are expected to commence at 8.00 a.m. on or around 12 February 2018.
Total Voting Rights (TVR)
Following the issue of the Fundraise Shares, the issued share capital of the Company will consist of 787,885,972 ordinary shares of 0.01p each with voting rights. No Ordinary Shares are held in Treasury.
The above figure of 787,885,972 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Andrew Bell 0207 747 9960 Chairman Regency Mines Plc
Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Jason Robertson 0207 374 2212 Broker First Equity Limited
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 29, 2018 10:13 ET (15:13 GMT)
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