Publication of a Prospectus and Share Issue

RNS Number : 1391L

Acorn Growth PLC

28 September 2016

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA, SINGAPORE, HONG KONG OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

This announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus in its final form published by Acorn Growth plc in connection with the admission of new ordinary shares to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities.

For Immediate Release

28 September 2016

Acorn Growth plc ("the Company")

Publication of Prospectus and Share Issue

Acorn Growth plc has today published a prospectus (the "Prospectus") in connection with the allotment and issue and admission to trading of 16,517,778 new ordinary shares of £0.02 each at an issue price of 15p per share ("Initial Issue") and a further offer of up to 66,666,667 new ordinary shares of £0.02 each at an issue price of 15p per share.

The Initial Issue represents the shares to be issued pursuant to the subscription announced by the Company on 3 August 2016. Admission of the Initial Issue shares (and completion of the subscription) is expected to take place at 8.00am on 3 October 2016.

The Prospectus has been approved by the UK Listing Authority. A copy of the Prospectus is available from http://www.acorngrowth.co.uk/prospectus and a copy has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.hemscott.com/nsm.do.

Acorn Growth plc
Anthony Brennan, Executive Chairman	Tel: [phone]

 

END

 

 

PDIEAXNPAEDKEFF