Crushmetric Group Ld: Name Change, Website and Placing
21/11/2022 12:47
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RNS Number : 0950H CRUSHMETRIC Group Limited 21 November 2022
21 November 2022
CRUSHMETRIC GROUP LIMITED
(formerly known as "MiLOC Group Limited")
("CRUSHMETRIC" or "the Company")
Change of Company Name
Company Website
Placing
CHANGE OF COMPANY NAME
CRUSHMETRIC GROUP LIMITED, the AQSE Growth Market quoted Company, is pleased
to announce that the English name of the Company has been changed from "MiLOC
Group Limited" to "CRUSHMETRIC Group Limited" and the Chinese name has been
removed until the Company decided a suitable one. New share certificates will
be issued and will replace the existing certificates in issue, which should be
destroyed by shareholders.
CHANGE OF STOCK TICKER SYMBOL
The Company will provide an update on the proposed ticker in a further
announcement shortly. The ISIN of the Company will remain unchanged as
"KYG613521031".
CHANGE OF COMPANY WEBSITE
The corporate website address of the Company will be changed from
www.miloc.com (http://www.miloc.com) to www.crushmetricgroup.com
(http://www.crushmetricgroup.com) with effect, expected on or before 1(st)
December 2022.
PLACING
The Company is also pleased to announce that it has raised a total
of HKD200,000 (equivalent to approximately GBP21,980) through the issue of
109,900 new Ordinary Shares of US$0.001 each in the Company ("Ordinary
Shares") at a price of 20p per share to an individual shareholder. 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 23
November 2022.
The Ordinary Shares, when issued, will be credited as fully paid and rank
pari passu in all respects with the existing Ordinary Shares of the Company.
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 86,446,318 with each share carrying the
right to one vote.
CRUSHMETRIC does not hold any shares in Treasury.
The above figure of 86,446,318 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 GROUP LIMITED
ONG Ban Poh Michael - Chief Executive Officer Tel: +852 2110 4221
Lilian Lo - Acting Chief Financial Officer
AQSE Growth Market Corporate Adviser Tel: +44 (0) 20 7469 0930
PETERHOUSE CAPITAL LIMITED
Guy Miller
Mark Anwyl
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