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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Windar Photonics Plc | LSE:WPHO | London | Ordinary Share | GB00BTFR4F17 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 1.39% | 36.50 | 35.00 | 38.00 | 36.50 | 36.50 | 36.50 | 52,327 | 08:00:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Meas & Controlling Dev, Nec | 1.85M | -1.08M | -0.0192 | -19.01 | 20.43M |
From Apr 2019 to Apr 2024
TIDMWPHO
RNS Number : 2195V
Windar Photonics PLC
20 July 2018
20 July 2018
Windar Photonics plc
("Windar" or the "Company")
Subscription Settlement
Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, provides an update on the settlement of its GBP2.2 million equity fundraise announced to the market on 12 July 2018.
The Company is issuing a total of 2,700,000 ordinary shares of 1 pence each in the Company ("Subscription Shares"). The Company has applied for the issue of 2,093,940 Subscription Shares to trading on AIM ("Admission") and it is expected that such Admission will occur at 8.00 a.m. on 23 July 2018. Following Admission, the Company will therefore have 43,902,309 ordinary shares of 1 pence each ("Ordinary Shares") in issue, none of which will be held in treasury.
Application will separately be made to the London Stock Exchange for the remaining 606,060 Subscription Shares to be admitted to trading on AIM ("Second Admission") and it is expected that such Second Admission will occur at 8.00 a.m. on 31 August 2018. Following the Second Admission, the Company will have 44,508,369 Ordinary Shares in issue, none of which will be held in treasury.
For further information:
Hot Features
Premium
Windar Photonics plc Jørgen Korsgaard Jensen, CEO +45 24234930
Cantor Fitzgerald Europe
Nominated Adviser and Broker David Foreman +44 (0)20 7894 7000
Richard Salmond
West Hill Capital
Financial Adviser Robert Forbes Caie +44 (0)20 3440 7556
About Windar:
Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimization systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.
http://investor.windarphotonics.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IOESFMFIUFASEIW
(END) Dow Jones Newswires
July 20, 2018 04:37 ET (08:37 GMT)
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