Gunsynd PLC Issue of Equity (2898U)
January 16 2017 - 10:58AM
UK Regulatory
TIDMGUN
RNS Number : 2898U
Gunsynd PLC
16 January 2017
16 January 2017
Gunsynd plc
("Gunsynd" or the "Company")
CORRECTION - Issue of Equity
The following replaces the "Issue of Equity" announcement 2875U
released at 16:34 on 16 January 2016. The correction relates to the
number of shares to be issued (141,176,471) and the shares in issue
following the issue of equity (3,663,806,844). All other
information remains unchanged.
Further to its announcement of 10 January, Gunsynd (AIM: GUN,
ISDX: GUN) announces that it has, in order to fulfil excess demand,
raised GBP60,000, gross of expenses, through the issue of
141,176,471 new shares of 0.01p each in the Company ("Placing
Shares") at a placing price of 0.0425 pence per share with a single
existing shareholder ("the "Placing").
Application is being made for the Placing Shares, which will, on
issue, rank pari passu with the existing ordinary shares, to be
admitted to trading on AIM and such admission is expected to occur
on or around 20 January 2017. The Placing Shares will be admitted
to trading on NEX Exchange simultaneously with the admission to
AIM.
The Company will therefore have 3,663,806,844 Ordinary Shares in
issue with voting rights and admitted to trading on AIM and NEX
Exchange. This figure may be used by shareholders in the Company as
the denominator for the calculation 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 Financial
Conduct Authority's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation
596/2014.
The directors of Gunsynd accept responsibility for this
announcement.
For further information please contact:
Gunsynd plc:
+44 (0) 20 7440 0640
Hamish Harris
Nominated Adviser/NEX Exchange Corporate Adviser:
+44 (0) 20 7213 0880
Cairn Financial Advisers LLP
James Caithie / Sandy Jamieson
Peterhouse Corporate Finance (Joint Broker)
+44 (0)20 7469 0930
Lucy Williams
This information is provided by RNS
The company news service from the London Stock Exchange
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January 16, 2017 11:58 ET (16:58 GMT)