REG - Pelatro PLC - Result of PrimaryBid Offer

PelatroAnnouncement

15/06/2021 12:15

RNS Number : 9693B
  
Pelatro PLC
  
15 June 2021
  
 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
 
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.
 
 
Pelatro plc
("Pelatro" or the "Company") (LON: PTRO)
 
Result of PrimaryBid Offer
 
Pelatro (LON: PTRO), the AIM quoted telecom Customer Engagement software specialist, announced on 14 June 2021 the launch of a fundraising comprising a placing (the "Placing") in conjunction with an offer via PrimaryBid (the "Offer") (together the "Fundraising").
 
The Company is pleased to announce that the PrimaryBid Offer has successfully completed and closed at 8.00 a.m. on 15 June 2021. 
 
Following the successful closing of the Offer, the Company has raised gross proceeds of £1.2 million at 40 pence per ordinary share via the PrimaryBid Offer.
 
The Company will therefore issue and allot a total of 3,000,000 New Ordinary Shares to satisfy the PrimaryBid Offer.
 
Application will be made to the London Stock Exchange for these New Ordinary Shares, which rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on the London Stock Exchange's AIM market ("Admission"). Dealings are expected to commence at 8.00 a.m. on 5 July 2021. 
 
 
Defined terms in this announcement shall have the same meaning as in the Company announcement of 14 June 2021, unless otherwise specified.
 
 
Enquiries
 



Pelatro plc
Subash Menon, Managing Director
Nic Hellyer, Finance Director
 


c/o Cenkos Securities plc




PrimaryBid Limited
Charles Spencer / James Deal
 


enquiries@primarybid.com




Cenkos Securities plc, Nominated Advisor and broker
Stephen Keys / Mark Connelly (Corporate Finance)
Michael Johnson / Dale Bellis (Sales)


+44 (0)20 7397 8900



 
 
 
 
 
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