Ross Group PLC Issue of Equity (1439P)
October 14 2021 - 10:52AM
UK Regulatory
TIDMRGP
RNS Number : 1439P
Ross Group PLC
14 October 2021
Ross Group Plc ("RGP" or the "Company") announces it has raised
approximately GBP30,981.27 by way of a placing of 1,106,474 new
Ordinary Shares ("Placing Shares") at a fixed price of 2.8 pence
per new Ordinary Share (the "Issue Price")
Applications have been made for all of the Placing Shares to be
admitted to the Premium Listing segment of the Official List of the
UK Financial Conduct Authority (the "FCA") and to trading on the
London Stock Exchange's Main Market for listed securities
("Admission"). It is expected that Admission will take effect, and
dealings in the Placing Shares will commence, at 8.00 a.m. (London
time) on Friday 15th October 2021
The shares, which will rank pari passu with the existing
ordinary shares in the Company, have been issued as per Special
Resolution 10 approved at the Company's Annual General Meeting held
on 31st December 2020.
Immediately following Admission, the Company will have
233,000,000 ordinary shares in issue and therefore the total voting
rights in the Company will be 233,000,000 This figure may be used
by shareholders as the denominator for the calculations by which
they may determine whether or not they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
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