Ross Group PLC Issue of Equity (1818O)
June 08 2022 - 7:54AM
UK Regulatory
TIDMRGP
RNS Number : 1818O
Ross Group PLC
08 June 2022
Ross Group Plc ("RGP" or the "Company") announces it has raised
approximately GBP162,657 by way of a placing of 9,087,000 new
Ordinary Shares ("Placing Shares") at a fixed price of 1.79 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 Tuesday 14th June 2022.
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 2021.
The current shares in issue are 233,000,000 ordinary shares.
Immediately following Admission, the Company will have 242,087,000
ordinary shares in issue and therefore the total voting rights in
the Company will be 242,087,000. 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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June 08, 2022 07:54 ET (11:54 GMT)
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