Issue of Equity

RNS Number : 5116K
Minoan Group PLC
10 July 2017
 

 

MINOAN GROUP PLC

("Minoan")

 

Share Issue

 

Share Issue

Minoan is issuing, subject to admission on AIM, 761,574 Ordinary Shares of 1p each at 10p per share to settle certain existing liabilities. Application has been made for the 761,574 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from 14 July 2017.

The new Ordinary Shares are issued under the authorities in existence at the close of Minoan's last Annual General Meeting held on 27 April 2017. Following Admission, there will be a total of 212,223,442 Ordinary Shares in issue. This figure 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, Minoan under the FCA's Disclosure and Transparency Rules.

For further information please visit www.minoangroup.com or contact:

Minoan Group Plc

 

Christopher Egleton

christopher.egleton@minoangroup.com

Duncan Wilson

0141 226 2930

Bill Cole

020 8253 4305

 

 

WH Ireland Limited

020 7220 1666

Adrian Hadden/Alex Bond

 

 

 

Throgmorton Street Capital

020 7071 0808

Forbes Cutler

 

 

 

Morgan Rossiter

020 3195 3240

Richard Morgan Evans/James Rossiter

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 


This information is provided by RNS
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