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Kromek Group PLC (KMK)

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Monday 15 February, 2021

Kromek Group PLC

Posting of Circular

RNS Number : 0241P
Kromek Group PLC
15 February 2021

15 February 2021

Kromek Group plc

("Kromek", the "Company" or the "Group")

Posting of Circular

Kromek (AIM: KMK), a worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets, is pleased to announce that, further to its announcement on Friday 12 February 2021 regarding the conditional Firm Placing, Directors' Subscription and Open Offer to raise up to £13.0 million before expenses, the Circular has now been posted to Shareholders. 

The expected timetable of principal events is set out below:

Record Date for the Open Offer

6.00 p.m. on 11 February 2021

Announcement of the Firm Placing and Open Offer, publication and posting of this document, the Application Form and Form of Proxy

12 February 2021


Ex-entitlement Date

8.00 a.m. on 15 February 2021


Open Offer Entitlements and Excess CREST Open Offer Entitlements credited to stock accounts of Qualifying CREST Shareholders


15 February 2021


Recommended latest time and date for requesting withdrawal of Open Offer Entitlements from CREST


4.30 p.m. on 22 February 2021

Recommended latest time for depositing Open Offer Entitlements into CREST


3.00 p.m. on 23 February 2021


Latest time and date for splitting Application Forms (to satisfy bona fi de market claims only)


3.00 p.m. on 24 February 2021


Latest time and date for receipt of completed Forms of Proxy to be valid at the General Meeting


12.00 p.m. on 25 February 2021


Latest time and date for acceptance of the Open Offer and receipt of completed Application Forms and payment in full under the Open Offer or settlement of relevant CREST instruction (if appropriate)


11.00 a.m. on 26 February 2021


General Meeting

12.00 p.m. on 1 March 2021


Announcement of result of General Meeting and Open Offer

1 March 2021


Admission and commencement of dealings in the New Ordinary Shares on AIM


8.00 a.m. on 2 March 2021


New Ordinary Shares credited to CREST members ' accounts

2 March 2021


Despatch of de fi nitive share certi fi cates in certi fi cated form

16 March 2021



Capitalised terms used in this announcement have the meanings given to them in the Circular.


For further information, please contact:

Kromek Group plc


Arnab Basu, CEO

Paul Farquhar, CFO


+44 (0)1740 626 060

Cenkos Securities plc (Nominated Adviser and Broker)


Max Hartley/Camilla Hume (NOMAD)

Julian Morse (Sales)


+44 (0)20 7397 8900

Luther Pendragon (PR)


Harry Chathli/Claire Norbury/Joe Quinlan

+44 (0)20 7618 9100



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