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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mysquar | LSE:MYSQ | London | Ordinary Share | VGG6361G1072 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.29 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMYSQ
RNS Number : 2538M
MySQUAR Limited
26 April 2018
26 April 2018
MySQUAR Limited
("MySQUAR" or the "Company")
Exercise of Convertible Bonds and Issue of Equity
MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, pursuant to the convertible bond issuance on 7 March 2018, the Company has received a notice of conversion in respect of GBP200,000 convertible bonds into 15,478,678 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Conversion Shares") at a conversion price of approximately 1.29 pence per Conversion Share.
Application will be made for the Conversion Shares, which will rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM. It is expected that admission will become effective and that trading in the Conversion Shares will commence on or around 2 May 2018 ("Admission").
In accordance with the Financial Conduct Authority's (FCA) Disclosure and Transparency Rules, the Company hereby announces that following Admission it will have 662,053,579 Ordinary Shares in issue, none of which are held in Treasury. Therefore, the total number of voting rights in the Company is 662,053,579.
The above figure of 662,053,579 may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
For further information:
MySQUAR Limited Eric Schaer (Chief Tel: +65 6725 6388 Executive) SP Angel Corporate Finance LLP Nominated Adviser & Tel: +44 (0) 203 Joint Broker 470 0470 Stuart Gledhill / Soltan Tagiev Daniel Stewart and Company Plc Joint Broker Tel: +44 (0) 207 776 6550 David Lawman/Jon Levinson/Daphne Zhang Public Relations Tel: +44 (0) 781 677 0758 Damien McCrystal damien@mccrystal.info
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELLFEISIIRFIT
(END) Dow Jones Newswires
April 26, 2018 06:51 ET (10:51 GMT)
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