REG - Macaulay Capital PLC - Admission to Trading and First Day of Dealings

LMS CapitalAnnouncement

29/07/2022 08:15

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RNS Number : 1628U  Macaulay Capital PLC  29 July 2022

29 July 2022

 

Macaulay Capital PLC

 

("Macaulay Capital" or the "Company")

 

Admission to Trading and First Day of Dealings

 

Macaulay Capital PLC (AQSE:MCAP), which was formed to originate and manage
corporate transactions, raise funds from third parties, invest its own funds
alongside those of external investors and to manage its investment portfolio
with the aim of maximising its value, announces that trading in its ordinary
shares will commence on the Aquis Stock Exchange Growth Market ("AQSE") at
8:00am, today (Friday, 29 July 2022), under the ticker "MCAP" and ISIN:
GB00BNKBMF25.

 

The Company, which is deemed to be an enterprise company under the AQSE Access
Rules, has been admitted to the Access Segment of AQSE ("Admission") following
successful completion of a fundraise of GBP 1,900,000 (gross of expenses).

 

The Board of the Company comprises David Horner, Managing Director, Richard
Bucknell, Chief Investment Officer, and Lindsay Mair, Independent
Non-Executive Chairman.

 

The issued share capital of the Company on Admission comprises 10,000,000
ordinary shares.

 

David Horner, Managing Director, commented:

 

"We are delighted to bring Macaulay Capital to the market and have been
enthused by the investor appetite for what we believe is a commercial
proposition, with a significant opportunity to exploit the increasing
awareness among private investors for alternative investments and for the
potential for significant long term capital appreciation."

 

Pursuant to the AQSE Access Rules, the Directors and persons connected to
them, who in aggregate hold 2,225,000 ordinary shares, representing 22.25 per
cent. of the Company's issued share capital on Admission, are subject to a
12-month lock-in arrangement.

 

 Name            Number of ordinary shares subject to lock-in on Admission  % of issued share capital on Admission  Total shareholding on Admission
 David Horner    50,000                                                     0.5%                                    50,000
 Mary Horner*    50,000                                                     0.5%                                    50,000
 Harry Horner*   1,000,000                                                  10.00%                                  1,000,000
 Tom Horner*     1,000,000                                                  10.00%                                  1,000,000
 Lindsay Mair**  125,000                                                    1.25%                                   125,000

*Mary Horner is David Horner's wife and Harry Horner and Tom Horner are his
adult sons

** Lindsay Mair's shares are held jointly with his wife, Jane Paciello

 

The Company's Admission Document is available to view here:
www.macaulaycapital.com (http://www.macaulaycapital.com)

 

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

 

ENDS

 

Enquiries:

 

 Macaulay Capital PLC
 Clive Milner                                           +44 (0)12 2554 1904

 Cairn Financial Advisers LLP (AQSE Corporate Adviser)
 James Caithie                                          +44 (0)20 7213 0880

Louise O'Driscoll

Ludovico Lazzaretti

 Oberon Capital (Broker)
 Chris Crawford                                         +44 (0)20 3179 5304

 

For more information please visit: www.macaulaycapital.com
(http://www.macaulaycapital.com)

 

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