Issue of Ordinary Shares

RNS Number : 4334U

Geiger Counter Ltd

22 November 2019

 

22 November 2019

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, 600,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 14.45p 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 28 November 2019.

Following the issue of the New Shares, the Company's issued share capital will consist of 83,577,880 ordinary shares and 37,483,835 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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