Equity Fundraise

RNS Number : 5138C

daVictus plc

21 June 2021

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED THEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLYOR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO  SO WOULD CONSTITUTE A VIOLATION OF ANY RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN DAVICTUS PLC   OR ANY OTHER ENTITY IN ANY SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").

21 June 2021

daVictus plc

("daVictus")

EQUITY FUNDRAISE

Davictus Plc ("Davictus" or the "Company") announces it has completed (subject to certain conditions) an equity fundraise of £36,000 (gross) (the "Fundraise") through the issue of 1,200,000 ordinary shares of no par value (the "Fundraise Shares") at a price of 3.0 pence per ordinary share.

The Fundraise has been undertaken by way of a placing of new ordinary shares ("Placing") of no par value ("Ordinary Shares") in the share capital of the Company and was arranged by Optiva Securities Limited ("Optiva") with its clients. The Fundraise is to provide additional working capital for the Company.

The Fundraise has been undertaken by means of the Placing pursuant to which, the Company will issue 1,200,000 ordinary shares at a price of 3.0p per new ordinary share, based on closing price of the ordinary shares on 18 June 2021 (being the last practicable dealing date prior to the pricing of this transaction).

Following admission of the Fundraising Shares to the standard listing segment of the Official List of the F inancial Conduct Authority ("FCA") and to trading on the Main Market of the London Stock Exchange, which is expected to occur at 8.00 am on the 29^th June 2021, the total number of Ordinary Shares in the Company will be 13,350,000. 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 the Company under the FCA's Disclosure and Transparency Rules.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For more information please visit the Company's website at www.davictus.co.uk .

End

For further information, please contact:

Investor Relations Team

[e-mail]

Jeremy King

Optiva Securities Limited

Tel: [phone]

 

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