Mineral & Financial Invest. Limited Placing (4820Z)
March 15 2017 - 2:01AM
UK Regulatory
TIDMMAFL
RNS Number : 4820Z
Mineral & Financial Invest. Limited
15 March 2017
15 March 2017
MINERAL & FINANCIAL INVESTMENTS LIMITED
("Mineral & Financial", "MAFL", or the "Company")
PLACING
The Company is pleased to announce that it has successfully
completed, subject only to admission, a placing to raise GBP500,000
from the issue of 3,333,333 new ordinary shares ("New Ordinary
Shares") at a price of 15p per share (the "Placing"), through
Beaufort Securities Limited.
Application has been made for the New Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
21 March 2017.
The funds raised from the Placing will be used in relation to
potential investment opportunities in line with the Company's
investing policy and for general working capital purposes.
Following the issue of the New Ordinary Shares, the total number
of shares in issue is 34,742,895 Ordinary Shares. There are no
shares held in treasury. Therefore, the total number of voting
rights in the Company is 34,742,895. This figure may be used by
shareholders in the Company 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 under the Disclosure and
Transparency Rules.
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
For more information:
Katy Mitchell, WH Ireland +44 161 832 2174
Jon Belliss, Beaufort Securities +44 20 7382 8408
Jacques Vaillancourt, Director +44 20 3289 9923
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEBCGDXRSBBGRS
(END) Dow Jones Newswires
March 15, 2017 03:01 ET (07:01 GMT)
Mineral & Financial Inve... (LSE:MAFL)
Historical Stock Chart
From Apr 2024 to May 2024
Mineral & Financial Inve... (LSE:MAFL)
Historical Stock Chart
From May 2023 to May 2024