PGIT Secs 2020 Plc Result of Placing

 
TIDMPGIZ TIDMPMGZ 
 
27 November 2020 
 
PGIT Securities 2020 plc (the "Company") 
 
Result of Placing 
 
Further to the announcement on 3 November 2020, the Placing closed at 1:00pm 
yesterday. The Company is pleased to announce that pursuant to the Placing, 
PMGR Securities 2025 plc has raised a total of GBP3.35m from new ZDP shareholders 
at the issue price of 100 pence. This is in addition to the Rollover elections 
made by the Existing ZDP Shareholders as announced on 23 November 2020. 
 
14,217,339 New ZDP Shares in PMGR Securities 2025 plc are expected to be issued 
to satisfy Existing ZDP Shareholders who opted for the Rollover Option and to 
new ZDP shareholders who have participated in the Placing. 
 
Application will be made for the New ZDP Shares of PMGR Securities 2025 plc to 
be admitted to the standard listing segment of the Official List and to trading 
on the Main Market of the London Stock Exchange. Dealings in the New ZDP Shares 
of PMGR Securities 2025 plc are expected to commence on 1 December 2020. The 
New ZDP Shares will trade using the ticker PMGZ and under ISIN GB00BNG43G36. 
 
The Proposals remain conditional on the passing of the Resolutions to be 
proposed at the Second General Meeting, the FCA agreeing to admit to the 
standard segment of the Official List the Reclassified Shares and the London 
Stock Exchange agreeing to admit the Reclassified Shares to trading on its main 
market, and, subject only to allotment thereof, the New ZDP Shares to be issued 
pursuant to the Issue also being agreed to be admitted 
 
Terms used in this announcement shall have the same meaning as in the Circular. 
 
Contact: 
 
Premier Fund Managers Limited 
 
01483 306090 
 
Claire Long ([e-mail]) 
 
James Smith ([e-mail]) 
 
N+1 Singer 
 
020 7496 3000 
 
James Maxwell ([e-mail]) 
 
Iqra Amin ([e-mail]) 
 
 
 
END 
 

(END) Dow Jones Newswires

November 27, 2020 02:00 ET (07:00 GMT)