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REG - Geiger Counter Ltd Geiger Counter - GCS - Distribution of Rump proceeds

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RNS Number : 5715E  Geiger Counter Ltd  15 May 2026

 

Geiger Counter Limited (or the "Company")

15 May 2026

 

Exercise of outstanding Subscription Share Rights & Distribution of Rump
proceeds

 

Further to the announcement on 7 May 2026 with regards to the exercise of the
outstanding Subscription Rights (the "Rump") and the placing of the ordinary
shares of no par value ("Ordinary Shares") that arose from the exercise of the
Rump, the Company announces that proceeds of this placing, net of costs (the
"Net Proceeds"), of 32.8 pence per share will be returned to those
shareholders who did not exercise their rights ("Non-Subscribing
Shareholders") by the Subscription Trustee as per the terms of the
Subscription Rights.

Only Net Proceeds payments of £5 or more shall be made to Non-Subscribing
Shareholders, with payments expected to take place on or around 28 May 2026.

For further information, please contact:

 

 

Enquiries

 

 Manulife | CQS Investment Management    Craig Cleland                              T: +44 (0) 20 7201 5368
 Cavendish Capital Markets Limited       Tunga Chigovanyika                         T: +44 (0) 20 7397 1915

                                          (Corporate Finance)
                                         Daniel Balabanoff / Pauline Tribe (Sales)  T: +44 (0) 20 7220 0500
 Summit Fund Services Jersey Limited     Christopher Foulds                         T: +44 (0) 1534 825 259

 

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