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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Red Leopard | LSE:RLH | London | Ordinary Share | GB00B4JXWP66 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.235 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRLH
RNS Number : 2653I
Red Leopard Holdings PLC
16 June 2017
16 June 2017
Red Leopard Holdings Plc
("Red Leopard" or the "Company")
Subscription
Subscription
The Company, focused on securing acquisition opportunities in the natural resources sector, is pleased to announce that it has raised GBP300,000 (before expenses) from new investors (the "Subscribers"), by way of a subscription of 100,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.3 pence per share (the "Subscription Price").
The net proceeds from the Subscription have been raised to assist in meeting the costs associated with pursuing acquisitions in accordance with the Company's current strategy.
Commenting, Toby Hayward CEO said "I am pleased we are able to strengthen our balance sheet to ensure we have sufficient resources to cover costs associated with a possible RTO. We will update shareholders on any possible acquisition at the appropriate time."
Total voting rights
Application will be made for the 100,000,000 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to commence on 23 June 2017. The new Ordinary Shares will, when issued, rank pari passu in all respects with the existing issued shares of the Company. Following admission of the new Ordinary Shares, the Company will have 1,253,779,061 Ordinary Shares of 0.1p, with voting rights, in issue (the "Enlarged Issued Share Capital").
This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Special note concerning the Market Abuse Regulation
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"). Market soundings, as defined in MAR, were taken in respect of the Subscription, with the result that certain persons became aware of inside information, as permitted by MAR. That inside information is set out in this announcement. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Company and its securities.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information, visit www.redleopardholdings.com or please contact: Red Leopard Holdings PLC Tel: +44 (0) 20 7917 Toby Hayward, Chief Executive 6826 Officer Beaumont Cornish Limited Tel: +44 (0) 20 7628 (Nomad) 3396 www.beaumontcornish.com Roland Cornish James Biddle Peterhouse Corporate Finance Tel: +44 (0) 20 7469 Limited (Broker) 0930 Lucy Williams Eran Zucker Tavistock (Financial PR) Tel: +44 (0) 20 7920 Simon Hudson 3150 Edward Lee
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
June 16, 2017 02:00 ET (06:00 GMT)
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