Vulcan Industries Plc Issue of Equity
November 09 2022 - 5:55AM
UK Regulatory
TIDMVULC
9 November 2022
Vulcan Industries plc
("Vulcan" or the "Company")
Equity Issue
Equity Issue
Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a
total of GBP 157,000 (gross) from new and existing investors through the issue
of 19,111,111 new ordinary shares (the 'Placing Shares') under this equity
issue.
The Company has also allotted 5,000,000 new ordinary shares ("Fee Shares") in
settlement of fees amounting to £50,000.
The Company will use the proceeds from the equity issue for general working
capital purposes.
Admission
Application has been made for the 19,111,111 Placing Shares and 5,000,000 Fee
shares to be admitted to trading on Aquis Stock Exchange ('Admission').
Admission is expected to occur at 8:00am on or around 15th November 2022.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise
605,527,605 ordinary shares of £0.0004 each, with each share carrying the right
to one vote.
The Company does not hold any ordinary shares in treasury. The above figure of
605,527,605 may therefore 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 of a change to their interest in the Company under the FCA's
Disclosure and Transparency Rules.
For further information, visit: https://vulcanplc.com
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing, and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.
END
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November 09, 2022 06:55 ET (11:55 GMT)
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