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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Griffin Grp. | LSE:GFF | London | Ordinary Share | GB0009530188 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4497E Griffin Group PLC 25 September 2007 GRIFFIN GROUP PLC ("GRIFFIN" OR THE "COMPANY") RESULTS OF THE OPEN OFFER, PLACING AND EGM RESULTS OF THE OPEN OFFER AND THE PLACING The Open Offer closed at 11a.m on 24 September 2007. Valid applications have been received under the Open Offer in respect of 21,894,271 Offer Shares. The Open Offer forms part of the Fundraising which also comprises a Placing. 43,620,673 Offer Shares have been Placed through Ellis Stockbrokers, the Company's broker. A total of 65,514,944 Offer Shares are being issued pursuant to the Fundraising. The Fundraising remains conditional on admission of the New Ordinary Shares (" Admission") and it is expected that Admission and dealings in the 65,514,944 New Ordinary Shares will commence on AIM at 8 a.m. on 26 September 2007. RESULTS OF EGM At the Extraordinary General Meeting of the Company held earlier today, shareholders approved the following: * the Waiver of Rule 9 of the Takeover Code; and * the authority for the directors to allot relevant securities for the purposes of the fundraising and the disapplication of pre-emption rights. Accordingly, all resolutions which were set out in the Notice of Extraordinary General Meeting were duly passed. TOTAL VOTING RIGHTS Following the Open Offer and the Placing and in conformity with the Financial Services Authority's Disclosure and Transparency Rules, Griffin gives notice that its voting capital consists of: Ordinary Shares Nominal Value # Ordinary Shares held in Treasury 109,191,573 0.1p 109,191.57 - As Griffin does not hold any ordinary shares in Treasury its total number of voting rights equals its capital. The above figure 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, Griffin under the FSA's Disclosure and Transparency Rules. Certain terms used in this announcement are defined and have the same meaning as in the Company's circular dated 31 August 2007, unless the context requires otherwise. ENQUIRIES:- Vincent Nichols, Director Griffin Group plc Tel: 017 3283 6180 City Financial Associates Limited Liam Murray, Nominated Adviser City Financial Associates Limited Tel: 020 7 492 4777 This information is provided by RNS The company news service from the London Stock Exchange END REGLELFLDKBEBBK
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