REG - Ross Group PLC - Issue of Equity

RossAnnouncement

08/06/2022 13:00

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RNS Number : 1818O  Ross Group PLC  08 June 2022

 

 

 

Ross Group Plc ("RGP" or the "Company") announces it has raised
approximately £162,657 by way of a placing of 9,087,000 new Ordinary Shares
("Placing Shares") at a fixed price of 1.79 pence per new Ordinary Share
(the "Issue Price")

 

Applications have been made for all of the Placing Shares to be admitted to
the Premium Listing segment of the Official List of the UK Financial Conduct
Authority (the "FCA") and to trading on the London Stock Exchange's Main
Market for listed securities ("Admission"). It is expected that Admission will
take effect, and dealings in the Placing Shares will commence, at 8.00 a.m.
(London time) on Tuesday 14th June 2022.

 

The shares, which will rank pari passu with the existing ordinary shares in
the Company, have been issued as per Special Resolution 10 approved at the
Company's Annual General Meeting held on 31st December 2021.

 

The current shares in issue are 233,000,000 ordinary shares. Immediately
following Admission, the Company will have 242,087,000 ordinary shares in
issue and therefore the total voting rights in the Company will be
242,087,000.  This figure may be used by shareholders as the denominator for
the calculations by which they may determine whether or not they are required
to notify their interest in, or a change to their interest in, the share
capital of the Company under the FCA's Disclosure Guidance and Transparency
Rules.

 

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