MySale Group PLC Result of General Meeting (5422L)
September 06 2019 - 7:00AM
UK Regulatory
TIDMMYSL
RNS Number : 5422L
MySale Group PLC
06 September 2019
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA,
AUSTRALIA, THE REPUBLIC OF IRELAND, NEW ZEALAND OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
6 September 2019
MySale Group plc
(the "Company", "MySale" or the "Group")
Result of General Meeting
MySale (AIM: MYSL), a leading international online retailer, is
pleased to announce that, at the General Meeting held earlier
today, all resolutions were duly passed.
Accordingly, the Company now has the requisite authority to
complete the Placing to raise proceeds of approximately GBP11.2
million (before expenses) through a Placing of 560,515,464 new
Ordinary Shares with certain existing and new institutional and
other investors at the Placing Price of 2 pence per new Ordinary
Share.
Further to the announcement of 2 September 2019, the Open Offer
to raise up to approximately GBP2.1 million will remain available
for acceptances to Qualifying Shareholders until 11.00 a.m. on 18
September 2019.
Application has been made for 560,515,464 new Ordinary Shares to
be admitted to trading on AIM and it is expected that Admission
will occur on 11 September 2019.
Following Admission, the Company will have 714,847,116 Ordinary
Shares in issue. There are no Ordinary Shares held in treasury.
With effect from Admission, this figure 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
Guidance and Transparency Rules.
Defined terms in the announcement have the same meaning as that
set out in the announcement of 20 August 2019.
Enquiries:
MySale Group plc
Carl Jackson, Chief Executive Officer +61 (0) 414 817 843
Graeme Burns, Investor Relations +44 (0) 777 585 4516
N+1 Singer (Nominated Adviser and Broker) +44 (0) 20 7496 3000
Mark Taylor
Justin McKeegan
MHP Communications (Financial PR Adviser) +44 (0) 20 3128 8570
Simon Hockridge
Giles Robinson
Pete Lambie
Market Abuse Regulation:
This announcement is released by MySale Group plc and contains
inside information for the purposes of the Market Abuse Regulation
(EU) 596/2014 ("MAR") and is disclosed in accordance with the
Company's obligations under Article 17 of MAR. The person
responsible for arranging the release of this information is Carl
Jackson, Chief Executive Officer of the Company.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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