REG-Alina Holdings PLC Alina Holdings PLC: Equity Placing - Subscription - Related Party Transaction

Alina HoldingsAnnouncement

12/12/2024 12:00

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   Alina Holdings PLC (ALNA)
   Alina Holdings PLC: Equity Placing - Subscription - Related Party
   Transaction

   12-Dec-2024 / 11:46 GMT/BST

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                               Alina Holdings PLC

                     (Reuters: ALNA.L, Bloomberg: ALNA:LN)

                           ("Alina" or the "Company")

           Equity Placing / Subscription / Related Party Transaction

    

   The Company announces that it has today submit a bid to participate in the
   placing currently being undertaken  by Thalassa Holdings Ltd  ("Thalassa")
   to subscribe for new ordinary shares  in Thalassa ("Placing Shares") at  a
   confidential bid price (the "Placing"), however, there is no guarantee the
   bid will be successful.

   The Company  further  announces  that  it has  approved  entering  into  a
   subscription agreement with Thalassa Holdings Ltd ("Thalassa") under which
   the  Company  agrees  to  subscribe   for  ordinary  shares  in   Thalassa
   ("Subscription Shares") at a  subscription price to  be determined by  the
   Placing per ordinary share  (the "Subscription"), subject  to the sale  of
   the Company’s existing property assets in Brislington and Hastings.

   The Placing and Subscription is conditional on, inter alia, the  admission
   of the Placing and Subscription  Shares to the Equity Shares  (Transition)
   Category of the Official List of the FCA and to the London Stock  Exchange
   for admission to  trading of the  Placing and Subscription  Shares on  its
   main market for listed securities ("Admission").

   A prospectus is expected  to be published by  Thalassa in connection  with
   the Placing and Subscription.

   Due to the Company and Thalassa having a number of cross shareholdings and
   a shared director, Duncan Soukup, the transaction is considered a  related
   party transaction  under  DTR  7.3 and,  accordingly,  Mr  Soukup  recused
   himself  from  the  Company’s  Board  meeting  to  consider  and   approve
   participation in the Placing and Subscription. In the opinion of the board
   of directors, the Company’s participation in the Placing and  Subscription
   is fair  and  reasonable from  the  perspective  of the  Company  and  its
   shareholders.

                                      END

   MARKET ABUSE REGULATION DISCLOSURE

   The information  contained  within  this announcement  is  deemed  by  the
   Company to constitute inside information for the purposes of Article 7  of
   the EU Market Abuse  Regulation (EU) No  596/2014 as it  forms part of  UK
   domestic law by  virtue of  the European  Union (Withdrawal)  Act 2018  as
   amended ("UK MAR"), and Article 7 of the Market Abuse Regulation (EU)  No.
   596/2014 ("EU MAR"). The Company is solely responsible for the content  of
   this announcement.

                        1 www.alina-holdings.com
   Investor Enquiries:
                       enquiries@alina-holdings.com
   Alina Holdings PLC   

                                        

    

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   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          GB00B1VS7G47
   Category Code: MSCH
   TIDM:          ALNA
   LEI Code:      213800SOAIB9JVCV4D57
   Sequence No.:  364889
   EQS News ID:   2050177


    
   End of Announcement EQS News Service

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References

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