Issue of Ordinary Shares

RNS Number : 6283M

Geiger Counter Ltd

12 May 2020

 

12 May 2020

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 a new issue in response to market demand, 5,250,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 17.40p per share, a premium to the Company's net asset value. The New Shares will rank pari passu with the existing ordinary shares.

Applications will be 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 18 May 2020.

Following the issue of the New Shares, the Company's issued share capital will consist of 90,601,611 ordinary shares and 37,420,104 subscription shares, none of which are held in treasury.

Enquiries

CQS (UK) LLP	Craig Cleland	T: [phone]
finnCap Limited	William Marle/Giles Rolls	T: [phone]
R&H Fund Services (Jersey) Limited	Jane De Barros-Sousa	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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