Crushmetric Group Ld: Issue of Equity

CRUSHMETRIC

09/04/2024 14:31

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RNS Number : 9008J  CRUSHMETRIC Group Limited  09 April 2024

9 April 2024

CRUSHMETRIC GROUP LIMITED

("CRUSHMETRIC" or "the Company")

 

PLACING

 

The Company is pleased to announce that it has entered into a placing
agreement to raise a total of USD70,000 (approximately GBP53,823) through the
issue of 430,586 new Ordinary Shares of US$0.001 each in the Company
("Ordinary Shares") at a price of 12.5p per share to an individual shareholder
who is unrelated to the Company ("Placing"). Application will be made for
the Ordinary Shares to be admitted to trading on the AQSE Growth Market and
it is expected that admission will occur on or before 15 April 2024.

 

The placing proceeds will be used for general working capital purposes.

 

The Company announces that, following the issue of Ordinary Shares referred to
above, in accordance with the Financial Conduct Authority's Disclosure and
Transparency Rules (the "Disclosure and Transparency Rules"), the total number
of Ordinary Shares in issue will be 240,363,869 with each share carrying the
right to one vote.

 

CRUSHMETRIC does not hold any shares in Treasury.

 

The above figure of 240,363,869 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 Company, under
the Disclosure and Transparency Rules.

 

The directors of the Company accept responsibility for the contents of this
announcement.

 

For further information, please contact:-

 

  CRUSHMETRIC                                      Tel: +852 2110 4221

  ONG Ban Poh Michael - Chief Executive Officer

  Lilian Lo - Acting Chief Financial Officer

 Aquis Growth Market Corporate Adviser

 PETERHOUSE CAPITAL LIMITED                        Tel: +44 (0) 20 7469 0930

 Guy Miller

 Mark Anwyl

 

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