Insetco PLC Issue of Equity (0812H)
March 10 2015 - 11:45AM
UK Regulatory
TIDMINC
RNS Number : 0812H
Insetco PLC
10 March 2015
Insetco plc
("Insetco" or the "Company")
Issue of Equity
The Company is pleased to announce that it has raised GBP210,000
through the issue of 210,000,000 new ordinary shares at a price of
0.1 pence per share. The placee is Windsor Investment Funds LLP,
who subsequent to the placing will hold approximately 12.0% of the
Company's issued share capital.
Application will be made for the admission of 210,000,000 new
ordinary shares in the Company to the London Stock Exchange which
is expected to occur on or around 16 March 2015. The new ordinary
shares will rank pari passu with the existing ordinary shares.
Total Voting Rights
Following the issue of equity described above, the so enlarged
issued share capital of the Company will comprise 1,690,449,762
ordinary shares of 0.001p each. Each ordinary share carries the
right to one vote at general meetings of the Company. The Company
does not have any ordinary shares in treasury.
This 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.
Insetco plc
Barry Heath 07788 376480
Ivan Couchman 07970 377669
Cairn Financial Advisers LLP
Jo Turner / Liam Murray 020 7148 7900
This information is provided by RNS
The company news service from the London Stock Exchange
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