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RFG Roebuck Food Group Public Limited Company

12.75
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Roebuck Food Group Public Limited Company LSE:RFG London Ordinary Share IE0006447985 ORD EUR0.025 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.75 12.00 13.50 12.75 12.75 12.75 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Refrigerated Whse & Storage 26.74M -1.85M -0.0616 -2.07 3.83M

Roebuck Food Group PLC Placing and Related Subscription Update (5432S)

06/11/2023 5:10pm

UK Regulatory


Roebuck Food Group Public (LSE:RFG)
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From May 2023 to May 2024

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TIDMRFG

RNS Number : 5432S

Roebuck Food Group PLC

06 November 2023

6 November 2023

ROEBUCK FOOD GROUP PLC

Placing and related Subscription

Director Participation

Roebuck Food Group plc (AIM: RFG) a group focused on growth and innovation within the food and agribusiness sectors (the "Company" or, "Roebuck") refers to its announcements on 3 November 2023 of the conditional agreement to acquire Moorhead & McGavin Limited ("the Acquisition") and a placing and related subscription to raise GBP2,500,000 by the issue of new ordinary shares of the Company ("the Fundraising"), in which it was noted that certain directors of the Company had agreed to subscribe for new ordinary shares of the Company, and to the circular to shareholders with notice of extraordinary general meeting of the Company being posted today to shareholders in relation to the .Acquisition and the Fundraising.

The participation in the Fundraising by Chairman and Director Ted O'Neill whereby he has agreed to subscribe for 1,777,777 ordinary shares in the Company at the Placing Price of 13.5 pence (GBP240,000) will constitute a related party transaction for the purposes of the AIM Rules.

The directors of the Company (Mr O'Neill excepted) consider, having consulted with the Company's nominated adviser Davy, that the terms of this subscription, being on identical terms to that for all other placees, is fair and reasonable insofar as its shareholders are concerned.

The directors of the Company accept responsibility for this announcement.

Enquiries:

Roebuck Food Group plc

   Aidan Hughes, Deputy Chairman                   Telephone: + 44 1293 862 498 

J & E Davy (Nomad)

   Anthony Farrell                                               Telephone: + 353 1 679 6363 

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END

MSCKZMGMVVKGFZM

(END) Dow Jones Newswires

November 06, 2023 12:10 ET (17:10 GMT)

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