Completion of Placing

RNS Number : 0688T

EQTEC PLC

15 July 2020

 

15 July 2020

EQTEC plc

( " EQTEC", the " Company" or the " Group")

Completion of Placing

EQTEC plc (AIM: EQT) is pleased to announce that, further to the announcement made on 9 July 2020, Admission to AIM of the 2,608,936,059 new Ordinary Shares ("Admission") became effective at 8.00am today thereby satisfying all the conditions relating to the Placing and the PrimaryBid Offer.

Further details regarding the Placing and PrimaryBid Offer can be found in the three announcements issued by the Company on 9 July 2020 (the "Fundraise Announcements").

Following Admission, the Company's issued ordinary share capital consists of 6,868,712,306 Ordinary Shares; no shares are held in treasury. The above figure of 6,868,712,306 Ordinary Shares 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 voting rights of the Company's issued share capital.

Capitalised terms used, but not defined, in this announcement have the same meaning as set out in the Fundraise Announcements unless the context requires otherwise.

For further information, please contact:

EQTEC plc	[phone]
David Palumbo / Gerry Madden
Strand Hanson - Nomad & Financial Adviser	[phone]
James Harris / James Dance / Jack Botros
Arden Partners - Joint Broker	[phone]
Paul Shackleton (Corporate) / Fraser Marshall (Sales)
SI Capital Limited - J oint Broker	[phone]
Nick Emerson / Jon Levinson
IFC Advisory - Financial PR & IR	[phone]
Tim Metcalfe / Graham Herring / Zach Cohen

 

END

 

 

IOERAMRTMTMBMRM