Issue of Ordinary Shares

RNS Number : 2397J

Geiger Counter Ltd

03 December 2018

 

03 December 2018

GEIGER COUNTER LIMITED
(THE "COMPANY")

Issue of Ordinary Shares

The Company announces that, conditional only on Admission becoming effective, it has allotted, by way of an exercise of 308,388 subscription shares, 308,388 new ordinary shares of no par value (the "New Shares") for cash, at a price of 24.98p per share, a premium to the Company's net asset value. The New Shares will rank pari passu with the existing ordinary shares.

Applications have been made for the New Shares to be admitted to The International Stock Exchange's Listing and to trading on the London Stock Exchange's SETSqx platform ("Admission"). Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 7 December 2018.

Following the issue of the New Shares, the Company's issued share capital will consist of 82,552,880 ordinary shares and 37,483,835 subscription shares, none of which are held in treasury.

Enquiries

CQS (UK) LLP	Craig Cleland	T: [phone]
Cantor Fitzgerald Europe	Robert Peel	T: [phone]
R&H Fund Services (Jersey) Limited	Lisa Neil	T :[phone]

Important Information

The information contained in this announcement does not constitute an offer of securities for sale in any jurisdiction.

 

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