REG - Intuitive Invests.Gp - Issue and Allotment of Ordinary Shares

Intuitive InvestmentsAnnouncement

21/03/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240321:nRSU6839Ha&default-theme=true

RNS Number : 6839H  Intuitive Investments Group plc  21 March 2024

21 March 2024

 

Intuitive Investments Group plc

("IIG" or the "Company")

Issue and Allotment of Ordinary Shares

 

Intuitive Investments Group plc (SFS: IIG), the closed-end investment company
focussed on fast growing and high potential opportunities in the Technology,
Life Sciences and Healthcare sectors, announces the issue and allotment of
890,519 ordinary shares of 10 pence each ("Ordinary Shares"), fully paid.
These shares were issued for cash at a price of £1.566 per share, raising
£1.40 million for the Company.

 

Application has been made for the new Ordinary Shares, which will rank equally
with the existing Ordinary Shares of the Company, to be admitted to trading on
Specialist Fund Segment of the Main Market, becoming effective in accordance
with the admission and disclosure standards of the London Stock Exchange. It
is expected that admission will become effective and dealings in the new
Ordinary Shares will commence at 8:00 a.m. on or around 22 March 2024
("Admission").

 

Following Admission, the Company's issued share capital will consist
of 202,133,524 Ordinary Shares. Since the Company currently holds no shares
in treasury, the total number of voting rights in the Company will be
202,133,524. Shareholders may use this figure 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 FCA's
Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 Intuitive Investments Group plc                       www.iigplc.com (http://www.iigplc.com/)
 Sir Nigel Rudd, Non-Executive Chairman                Via FTI Consulting

 Robert Naylor, CEO

 Giles Willits, CIO

 Cavendish Capital Markets Limited                     +44 (0) 20 7397 8900

 James King / William Talkington / Daniel Balabanoff

 SP Angel Corporate Finance LLP - Financial Adviser    +44 (0) 20 3470 0470
 Jeff Keating / David Hignell / Kasia Brzozowska

 FTI Consulting                                        +44 (0) 20 3727 1000
 Jamie Ricketts / Valerija Cymbal / Jemima Gurney      IIG@fticonsulting.com

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing and/or high potential Life Sciences
and Technology businesses operating predominantly in the UK, continental
Europe, the US and APAC, utilising the Board's experience to seek to generate
capital growth over the long term for shareholders.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEPPUWAWUPCGMU