TIDMSTHP

RNS Number : 1953U

Stranger Holdings PLC

16 January 2017

Stranger Holdings plc / Index: LSE / Epic: STHP / Sector: Investment

16 January 2017

Stranger Holdings plc ('Stranger' or 'the Company')

Placing

Stranger Holdings plc is pleased to announce that it has raised a further GBP110,000 through a placing of 11,000,000 new ordinary shares of GBP0.001 each in the Company (the 'Placing') at a price of 1p per Placing Share.

The proceeds of the Placing, amounting to GBP110,000, will be added to the GBP847,700 raised prior to the admission of the Company last week to the Official List of the UKLA and to trading on London Stock Exchange plc's main market for listed securities.

The Placing Shares will rank pari passu in all respects with the existing ordinary shares of GBP0.001 each

in the Company ('Ordinary Shares') and the admission of the Placing Shares are expected to take place on 18 January 2017.

Following the issue and allotment of the Placing Shares, the Company's enlarged issued ordinary share capital will comprise 145,770,000 Ordinary Shares.

This figure of 145,770,000 Ordinary Shares 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 in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

**ENDS**

For further information visit www.strangerholdingsplc.com or contact the following:

 
 
  Stranger Holdings plc 
James Longley       Stranger Holdings        info@strangerholdingsplc.com 
                     plc 
Financial Adviser 
                    Alfred Henry Corporate   +44 (0) 20 7251 
Jon Isaacs           Finance Limited          3762 
Financial PR 
Elisabeth Cowell    St Brides Partners       Tel: +44 (0) 20 
 / Charlotte Page    Ltd                      7236 1177 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELFFVFLAIELID

(END) Dow Jones Newswires

January 16, 2017 02:00 ET (07:00 GMT)

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