Issue of Equity

RNS Number : 1818O

Ross Group PLC

08 June 2022

 

Ross Group Plc ("RGP" or the "Company") announces it has raised approximately 162,657 by way of a placing of 9,087,000 new Ordinary Shares ("Placing Shares") at a fixed price of 1.79 pence per new Ordinary Share (the "Issue Price")

Applications have been made for all of the Placing Shares to be admitted to the Premium Listing segment of the Official List of the UK Financial Conduct Authority (the "FCA") and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). It is expected that Admission will take effect, and dealings in the Placing Shares will commence, at 8.00 a.m. (London time) on Tuesday 14th June 2022.

The shares, which will rank pari passu with the existing ordinary shares in the Company, have been issued as per Special Resolution 10 approved at the Company's Annual General Meeting held on 31st December 2021. 

The current shares in issue are 233,000,000 ordinary shares. Immediately following Admission, the Company will have 242,087,000 ordinary shares in issue and therefore the total voting rights in the Company will be 242,087,000.  This figure may be used by shareholders as the denominator for the calculations by which they may determine whether or not they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

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