REG - Agronomics Limited - Update regarding Broker Option

AgronomicsAnnouncement

25/05/2021 07:05

RNS Number : 6570Z
  
Agronomics Limited
  
25 May 2021
  
 

 
25 May 2021
Agronomics Limited
("Agronomics" or the "Company")
Update regarding Broker Option
Further to the announcement made on 18 May 2021 regarding the proposed fundraising by the Company, Agronomics is pleased to announce that, in the light of investor demand reported as being six times oversubscribed, the number of ordinary shares available under the Broker Option granted to Peterhouse Capital Limited ("Peterhouse") has been increased from 9,090,909  to 13,636,364 Ordinary Shares (representing an increase of 50 per cent. to £3 million).
This increase will allow as many eligible investors as possible on the register on 10 May 2021 to be prioritised for participation in the Broker Option. Peterhouse may choose not to accept applications and/or to accept applications, either in whole or in part, based on allocations determined at their sole discretion (after consultation with the Company) and may scale down any bids for this purpose on such basis as Peterhouse may determine. 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.
 
 For further information, please contact:



Agronomics Limited


Beaumont Cornish Limited


Cenkos Securities Plc


Peterhouse Capital Limited


TB Cardew




The Company


Nomad


Joint Broker


Joint Broker


Public Relations




Richard Reed
Denham Eke


Roland Cornish
James Biddle


Giles Balleny
Michael Johnson


Lucy Williams
Charles Goodfellow


Ed Orlebar
Joe McGregor




+44 (0) 1624 639396


+44 (0) 207 628 3396


+44 (0) 207 397 8900


+44 (0) 207 469 0936


+44 (0) 20 7930 0777
+44 (0) 7738 724 630
agronomics@tbcardew.com



 
 
 

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