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RADG Radiant Gwth

2.25
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Radiant Gwth LSE:RADG London Ordinary Share JE00B4QJ0K86 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Radiant Growth Investments Ltd Issue of Equity (9948H)

27/05/2014 7:02am

UK Regulatory


Radiant Gwth (LSE:RADG)
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RNS Number : 9948H

Radiant Growth Investments Ltd

27 May 2014

27 May 2014

Radiant Growth Investments Ltd

("Radiant Growth", or "the Company")

Issue of Equity

Radiant Growth is pleased to announce that it has conditionally raised GBP200,000 before expenses by way of a subscription of 10,000,000 new ordinary shares of no par value in the capital of the Company ("New Ordinary Shares"), at an issue price of 2 pence per New Ordinary Share (the "Subscription"). These funds will be used for additional working capital.

Application will be made for the New Ordinary Shares to be admitted to trading on AIM, which is expected to occur at 8:00am on 2 June 2014. This application is in addition to the application referred to in the Company's announcement of 16 May 2014, hence the Company will apply for a total of 14,000,000 new ordinary shares to be admitted to trading on AIM, which is expected to occur at 8:00am on 2 June 2014 ("Admission").

Following Admission, the Company will have 119,502,217 ordinary shares in issue. The Company does not hold any ordinary shares in treasury. Therefore, following Admission, the number of ordinary shares with voting rights in the Company will be 119,502,217. This figure 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.

For further information please contact:

Radiant Growth Investments Limited

www.radgltd.com

Dato Sri' Dr Alex Teh Chee Teong, Director

Tel: + 6016 2086 666

Daniel Stewart & Company plc

www.danielstewart.co.uk

Antony Legge

Tel: + 44 (0) 20 7776 6500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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