Issue of Equity

CRUSHMETRIC Group Limited
09 April 2024
 

9 April 2024

CRUSHMETRIC GROUP LIMITED

("CRUSHMETRIC" or "the Company")

 

PLACING

 

The Company is pleased to announce that it has entered into a placing agreement to raise a total of USD70,000 (approximately GBP53,823) through the issue of 430,586 new Ordinary Shares of US$0.001 each in the Company ("Ordinary Shares") at a price of 12.5p per share to an individual shareholder who is unrelated to the Company ("Placing"). Application will be made for the Ordinary Shares to be admitted to trading on the AQSE Growth Market and it is expected that admission will occur on or before 15 April 2024.

 

The placing proceeds will be used for general working capital purposes.

 

The Company announces that, following the issue of Ordinary Shares referred to above, in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules (the "Disclosure and Transparency Rules"), the total number of Ordinary Shares in issue will be 240,363,869 with each share carrying the right to one vote.

 

CRUSHMETRIC does not hold any shares in Treasury.

 

The above figure of 240,363,869 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 Disclosure and Transparency Rules.

 

The directors of the Company accept responsibility for the contents of this announcement.

 

For further information, please contact:-

 

 CRUSHMETRIC

 ONG Ban Poh Michael - Chief Executive Officer

 Lilian Lo - Acting Chief Financial Officer

 

 

Tel: +852 2110 4221

 

Aquis Growth Market Corporate Adviser

PETERHOUSE CAPITAL LIMITED

Guy Miller

Mark Anwyl

 

Tel: +44 (0) 20 7469 0930

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings