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Share Name Share Symbol Market Type Share ISIN Share Description
Pelatro Plc LSE:PTRO London Ordinary Share GB00BYXH8F66 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 39.50 38.00 41.00 39.50 39.50 39.50 245 08:00:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 4.0 -2.1 -7.2 - 18

Pelatro PLC Result of PrimaryBid Offer

15/06/2021 12:13pm

UK Regulatory (RNS & others)


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RNS Number : 9693B

Pelatro PLC

15 June 2021

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.

Pelatro plc

(" Pelatro " or the " Company " ) ( LON : PTRO)

Result of PrimaryBid Offer

Pelatro ( LON: PTRO ), the AIM quoted telecom Customer Engagement software specialist, announced on 14 June 2021 the launch of a fundraising comprising a placing (the "Placing") in conjunction with an offer via PrimaryBid (the "Offer") (together the "Fundraising").

The Company is pleased to announce that the PrimaryBid Offer has successfully completed and closed at 8.00 a.m. on 15 June 2021.

Following the successful closing of the Offer, the Company has raised gross proceeds of GBP1.2 million at 40 pence per ordinary share via the PrimaryBid Offer.

The Company will therefore issue and allot a total of 3,000,000 New Ordinary Shares to satisfy the PrimaryBid Offer.

Application will be made to the London Stock Exchange for these New Ordinary Shares, which rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on the London Stock Exchange's AIM market ("Admission ") . Dealings are expected to commence at 8.00 a.m. on 5 July 2021 .

Defined terms in this announcement shall have the same meaning as in the Company announcement of 14 June 2021 , unless otherwise specified.

Enquiries

 
P elatro plc                                        c/o Cenkos Securities 
 Subash Menon, Managing Director                     plc 
 Nic Hellyer, Finance Director 
PrimaryBid Limited                                  enquiries@primarybid.com 
 Charles Spencer / James Deal 
C enkos Securities plc , Nominated Advisor 
 and broker 
 Stephen Keys / Mark Connelly (Corporate Finance) 
 Michael Johnson / Dale Bellis (Sales)              +44 (0)20 7397 8900 
 

END

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END

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June 15, 2021 07:13 ET (11:13 GMT)

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