RC365 Holding PLC Issue of Equity
May 15 2024 - 4:20AM
RNS Regulatory News
RNS Number : 5518O
RC365 Holding PLC
15 May 2024
15 May 2024
RC365
Holding Plc
("RC365"
or the "Company")
Issue of
Equity
RC365 Holding Plc ("RC365"), a
company focusing on payment gateway solutions and IT support,
announces that pursuant to the announcement on 4 March 2024
regarding the Issue of Convertible Loan Note, the Company has
received a Conversion Notice for £150,000 in respect of outstanding
Loan Notes and it has today issued 5,357,143 new ordinary shares of
1p each ("Ordinary Shares").
The resulting number of Ordinary
Shares to be issued has been calculated at a price per Ordinary
Share equal to 80% of the lowest closing volume-weighted average
price of an Ordinary Share over the five trading days ending on the
trading day prior to the date of service of the Conversion
Notice.
Application for the 5,357,143 new
Ordinary Shares to be admitted to the Official List of the UK
Listing Authority and to trading on the Main Market of the London
Stock Exchange ("Admission") has been made. Dealings are expected
to commence on or around 20 May 2024.
Conditional on Admission of the
5,357,143 new Ordinary Shares, the Company's issued ordinary share
capital will be 139,324,263 Ordinary Shares, which 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 share capital of the Company
under the FCA's Disclosure Guidance and Transparency
Rules.
For further information please
contact:
RC365 Holding
plc
|
Chi Kit LAW, Chief Executive
Officer
|
T: +852 2251 1621
E: ir@rc365plc.com
|
|
|
Guild Financial Advisory Limited - Financial
Adviser
|
Ross Andrews
|
T: +44 (0)7973 839767
E: ross.andrews@guildfin.co.uk
|
Evangeline Klaassen
|
T: +44 (0)7972 841276
E:
evangeline.klaassen@guild.co.uk
|
|
|
Gracechurch Group - Financial PR
|
|
Harry Chathli, Claire
Norbury
|
T: +44 (0)204 582 3500
E: rc365@gracechurchpr.com
|
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END
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