REG - Tekmar Group PLC - Result of Retail Offer

TekmarAnnouncement

18/04/2023 07:00

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RNS Number : 5053W  Tekmar Group PLC  18 April 2023

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Tekmar Group plc

("Tekmar", or the "Company")

Result of Retail Offer

 

Further to the announcements made on 31 March 2023 and 3 April 2023, Tekmar
Group plc (AIM: TGP) is pleased to announce that it has conditionally raised
gross proceeds of approximately £114,585 pursuant to the Retail Offer
conducted via the BookBuild platform. A total of 1,273,164 Retail Offer Shares
have been subscribed for by Retail Investors at the Issue Price.

The resulting total voting rights in the Company's shares will be confirmed
following the conclusion of the General Meeting of the Company to be held at
10.30 a.m. on 19 April 2023.

Admission of the Retail Offer Shares to be issued under the Retail Offer is
expected to take place at 8.00 a.m. on 20 April 2023. Completion of the Retail
Offer is conditional, inter alia, upon the completion of the Placing and
Admission taking effect.

Capitalised terms used in this announcement have the meanings given to them in
the Circular published on 3 April 2023, unless the context provides otherwise

Enquiries:

 Tekmar Group plc                                                       +44 (0) 1325 379 520
 Alasdair MacDonald (Chief Executive Officer)

Leanne Wilkinson (Chief Financial Officer)
 Singer Capital Markets (Nominated Adviser, Sole Bookrunner and         +44 (0) 20 7496 3000

 Joint Financial Adviser)
 Rick Thompson / George Tzimas / Alex Emslie
 Bamburgh Capital Limited (Rule 3 Adviser and Joint Financial Adviser)  +44 (0) 131 376 0901
 Murdo Montgomery / Richard Evans

 

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