We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Malvern International Plc | LSE:MLVN | London | Ordinary Share | GB00BNBVJZ07 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.50 | 18.00 | 19.00 | 18.50 | 17.80 | 18.50 | 3,000 | 08:00:24 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Schools & Education Svcs,nec | 6.6M | -1.08M | -0.0443 | -4.18 | 4.52M |
TIDMMLVN
RNS Number : 3003P
Malvern International PLC
08 June 2020
8 June 2020
Malvern International plc
(AIM: MLVN)
Result of General Meeting
Delay to completion of Fundraising
Malvern International plc ("Malvern" or the "Company"), the global learning and skills development partner, announces that at the General Meeting held today, all resolutions were duly passed, including resolutions to approve a sub-division of the existing share capital, the issue of the Fundraising Shares and the Creditor Conversion Shares, details of which were set out in a circular to shareholders dated 20 May 2020.
However the conditions to the Placing under the Placing Agreement have not yet been fully satisfied and therefore the Admission of the Fundraising Shares and Creditor Conversion Shares, which was intended to take place tomorrow, is being deferred until such time as those conditions are satisfied or waived. Under the Placing Agreement the long stop date for completion of the Placing is 8 a.m. on 19 June 2020.
Trading in the Company's shares on AIM is currently suspended pursuant to Market Notice N12/20 released on 4 June. The Company has requested that this suspension continue pending clarification of the Fundraising. In the event that the Fundraising does not complete or alternative financing arrangements are not made the Company will not be able to continue trading.
This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 20 May 2020, copies of which are available on the Company's website at www.malverninternational.com . Capitalised terms in this announcement have the same meaning as given in the Circular.
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.
Enquiries: Malvern International plc www.malverninternational.com Mark Elliott (Non-Executive Chairman) Via Communications Portfolio Sam Malafeh (Chief Executive Officer) WH Ireland Limited (Nominated Adviser www.whirelandcb.com and Broker) Mike Coe / Chris Savidge (Corporate Finance) +44 (0) 207 220 1666 Jasper Berry (Corporate Broking) +44 (0) 207 220 1666
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
ROMSSWFLAESSEFM
(END) Dow Jones Newswires
June 08, 2020 10:30 ET (14:30 GMT)
1 Year Malvern Chart |
1 Month Malvern Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions