REG-Limitless Earth Plc: Subscription and Issue of Equity

Limitless EarthAnnouncement

27/07/2023 14:45

 

27 July 2023

LIMITLESS EARTH PLC

("Limitless" or the "Company")

 

Subscription and Issue of Equity

 

Limitless Earth plc (AIM: LME), an AIM quoted investing company, is pleased to
announce that it has raised £155,000 via subscription through the issue of
3,100,000 new ordinary shares of 1 pence each in the Company ("New Ordinary
Shares") at a price of 5 pence per share ("Subscription").

 

The funds will be used for general working capital purposes.

 

The New Ordinary Shares will rank pari passu in all respects with the existing
ordinary shares of the Company. An application will be made for the 3,100,000
New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will take place on, or around, 4 August 2023.

 

Total Voting Rights

 

Following admission of the New Ordinary Shares, the Company's enlarged issued
share capital will comprise 68,500,000 Ordinary Shares. The Company does not
hold any shares in treasury. The figure of 68,500,000, Ordinary Shares may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure and Transparency Rules.

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET
ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.

 

*** ENDS ***

 

 

For further information, please contact:

 

 Limitless Earth plc  Guido Contesso                                                               +44 7780 700 091  www.limitlessearthplc.com  
 Cairn Financial Advisers LLP Nominated Adviser  Jo Turner / Sandy Jamieson / Ludovico Lazzaretti  +44 20 7213 0880  www.cairnfin.com           
 Peterhouse Capital Limited Broker Charles Goodfellow / Lucy Williams                              +44 20 7469 0930 www.peterhousecap.com       

 

About Limitless Earth plc

Limitless Earth plc is a proactive investment company that focuses on making
investments in and assisting companies which exhibit the potential to generate
returns through capital appreciation.  Limitless invests in small companies
where there are clear catalysts for value appreciation and the companies are
operating in sectors exhibiting long term growth linked to demographic
change.  Examples of such sectors include Cleantech, Life Sciences, nanotech,
medtech, recycling, and new Internet opportunities

 

Forward Looking Statements

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not a guarantee of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements. The Company cautions security holders and
prospective security holders not to place undue reliance on these
forward-looking statements, which reflect the view of the Company only as of
the date of this announcement. The forward-looking statements made in this
announcement relate only to events as of the date on which the statements are
made. The Company will not undertake any obligation to release publicly any
revisions or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of this
announcement except as required by law or by any appropriate regulatory
authority.



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