Redhall logo

RHL - Redhall News Story

1.6p 0.0  0.0%

Last Trade - 23/05/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £37.8m
Position in Universe th / 1819

Redhall Group PLC - Placing and Open Offer to raise £5.8 million - Part 2

Fri 11th September, 2015 7:00am
- Part 2: For the preceding part double click  ID:nRSK7808Ya 

                                                                                                                                                                                                                                                                                                                                                                            
 "OrdinaryShares"                                             ordinary shares of 0.01 pence each in the capital of the Company created pursuant to the Capital Reorganisation having the rights set out in the New Articles                                                                                                                                                                                                                                                                                                         
 "OverseasShareholders"                                       holders of Existing Ordinary Shares who are neither resident in, nor have a registered address in, the UK                                                                                                                                                                                                                                                                                                                                                             
 "ParticipantID"                                              the identification code or membership number used in CREST to identify a particular CREST member or other CREST Participant                                                                                                                                                                                                                                                                                                                                           
 "Placing"                                                    the proposed placing of the Placing Shares by WH Ireland on behalf of the Company at the Issue Price pursuant to the Placing and Open Offer Agreement and including the conditional subscription of 2,200,000 Placing Shares at the Issue Price by certain Directors                                                                                                                                                                                                  
 "Placing and OpenOfferAgreement"                             the agreement dated 10 September 2015 between the Company, WH Ireland and Altium relating to the Placing and the Open Offer                                                                                                                                                                                                                                                                                                                                           
 "PlacingShares"                                              up to 95,689,827 new Ordinary Shares  to be issued pursuant to the Placing                                                                                                                                                                                                                                                                                                                                                                                            
 "Proposals"                                                  the Placing, the Open Offer, the Debt Conversion and the Capital Reorganisation                                                                                                                                                                                                                                                                                                                                                                                       
 "Receiving Agent"and"Registrars"                             Capita Asset Services                                                                                                                                                                                                                                                                                                                                                                                                                                                 
 "RelationshipAgreement"                                      the agreement dated 10 September 2015 between Henderson and the Company governing their relationship following the Proposals                                                                                                                                                                                                                                                                                                                                          
 "Remuneration Committee"                                     the remuneration committee of the Board appointed in accordance with the Articles                                                                                                                                                                                                                                                                                                                                                                                     
 "Resolutions"                                                the resolutions to be proposed at the General Meeting, which are set out in the Notice                                                                                                                                                                                                                                                                                                                                                                                
 "RestrictedJurisdiction"                                     each and any of Australia, Canada, Japan, the Republic of South Africa and the United States                                                                                                                                                                                                                                                                                                                                                                          
 "Regulatory Information Service"                             one of the regulatory information services authorised by the FCA acting in its capacity as the UK listing authority to receive, process and disseminate regulatory information                                                                                                                                                                                                                                                                                        
 "Ruffer"                                                     has the meaning given in paragraph 4 of this announcement                                                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 "SecuritiesAct"                                              the United States Securities Act of 1933, as amended                                                                                                                                                                                                                                                                                                                                                                                                                  
 "Shareholders"                                               the holders of Existing Ordinary Shares or Ordinary Shares (as the context requires) at the relevant time                                                                                                                                                                                                                                                                                                                                                             
 ''United Kingdom''or''UK''                                   the United Kingdom of Great Britain and Northern Ireland                                                                                                                                                                                                                                                                                                                                                                                                              
 "United States"or"US"                                        the United States of America, its territories and possessions, any state of the United States of America and the District of Columbia and any other area subject to its jurisdiction                                                                                                                                                                                                                                                                                  
 "USPerson"                                                   has the meaning set out in Regulation S of the Securities Act                                                                                                                                                                                                                                                                                                                                                                                                         
 "WHIreland"                                                  WH Ireland Limited, the Company's broker                                                                                                                                                                                                                                                                                                                                                                                                                              
 
 
This information is provided by RNS
The company news service from the London Stock Exchange
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.