Completion of Acquisition

RNS Number : 0095Z

Brighton Pier Group PLC (The)

11 December 2017

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

For immediate release

11 December 2017

The Brighton Pier Group Plc

("Brighton Pier Group" or the "Company")

Completion of Acquisition

Further to the announcement on 5 December 2017 of the proposed acquisition of Lethington Leisure Limited and Placing to raise gross proceeds of £3.0 million, Brighton Pier Group announces Completion of the Acquisition and Admission.

The Admission comprising the admission of the New Ordinary Shares issued pursuant to the Placing and the Consideration  Shares occurred at 8.00 a.m. on 8 December 2017. 3,821,053 New Ordinary Shares were admitted to trading on AIM.

The total number of Ordinary Shares in issue following Admission will be 35,583,510. Accordingly, the figure of 35,583,510 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

The Brighton Pier Group Plc	Tel: [phone]
Luke Johnson, Executive Chairman
Anne Ackord, Chief Executive Officer John Smith, Chief Financial Officer
Panmure Gordon (UK) Limited (Nominated Adviser, Joint Broker and Joint Bookrunner)	Tel: [phone]
Corporate Finance
Andrew Godber / Atholl Tweedie / Edward Phillips
Corporate Broking
Charles Leigh-Pemberton
Arden Partners plc (Joint Broker and Joint Bookrunner)	Tel: [phone]
Corporate Finance
John Llewellyn-Lloyd / Benjamin Cryer
Corporate Broking
Jonathan Keeling

 

END

 

 

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