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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Redhall Group Plc | LSE:RHL | London | Ordinary Share | GB0001112035 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRHL
RNS Number : 7490J
Redhall Group PLC
30 June 2017
For immediate release 30 June 2017
Redhall Group plc
("Redhall" or the "Company")
Result of General Meeting
Redhall, the high integrity manufacturing and services group, is pleased to announce that, at the General Meeting held earlier today, 30 June 2017, the resolutions to authorise the issue and allotment of the Placing Shares and the Conversion Shares were duly passed.
Application has been made to the London Stock Exchange for the Placing Shares and the Conversion Shares to be admitted to trading on AIM. It is expected that Admission will take place and that dealings in those shares will commence at 8.00 a.m. on 5 July 2017 (at which time the Placing and the Debt Conversion will become unconditional).
Immediately following Admission the Company will have 332,900,684 Ordinary Shares in issue. The Company has no shares held in Treasury, therefore the total number of voting rights in the Company will be 332,900,684 and this figure may be used by Shareholders from Admission as the denominator for the calculation 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.
Redhall's Chief Executive Officer, Phil Brierley, commented: "We are delighted that we have received support from our shareholders for the resolutions to authorise the Placing and the Debt Conversion. The Placing attracted strong demand from new and existing investors and we would like to thank them for their support. With a strong balance sheet, we now look forward to capitalising on market opportunities as we implement our strategy for further growth."
Capitalised terms used but not defined in this announcement shall have the meanings given to such terms in the Circular dated 14 June 2017.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information please contact:
Redhall Group plc Tel: +44 (0) Phil Brierley, Chief Executive 1924 385 386 Chris Kelly, Group Finance Director WH Ireland, Broker Adrian Hadden, Ed Allsopp Tel: +44 (0) 20 7220 1666 Buchanan, PR Mark Court, Sophie Cowles Tel: +44 (0) GCA Altium, NOMAD 20 7466 5000 Tim Richardson Tel: +44 (0) 845 505 4343
This information is provided by RNS
The company news service from the London Stock Exchange
END
ROMOKKDBKBKDOAN
(END) Dow Jones Newswires
June 30, 2017 06:29 ET (10:29 GMT)
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