REG-Thalassa Holdings Ltd Thalassa Holdings Ltd: Results of Placing

Thalassa HoldingsAnnouncement

16/12/2024 07:45

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   Thalassa Holdings Ltd (THAL)
   Thalassa Holdings Ltd: Results of Placing

   16-Dec-2024 / 07:30 GMT/BST

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                             Thalassa Holdings Ltd

                     (Reuters: THAL.L, Bloomberg: THAL:LN)

                         ("Thalassa" or the "Company")

                               Results of Placing

    

   Further to  the  announcement on  11  December  2024 in  relation  to  the
   Placing, the  Company  is  pleased to  announce  that  Peterhouse  Capital
   Limited has  successfully  conditionally  placed  8,710,000  new  ordinary
   shares of $0.01 each in the capital of the Company (the "Placing  Shares")
   with institutional investors  and existing  shareholders ("Placees")  (the
   "Placing"). Following the Dutch Auction process, the independent directors
   of the Company set  the placing price at  £0.25 ("Placing Price"). At  the
   Placing Price,  the Placing  has raised  gross proceeds  of  approximately
   £2,177,500.

    

   The Company expects to publish a Prospectus in connection with the Placing
   on 20 December 2024.

    

   Application will be made to the FCA for admission of the Placing Shares to
   the Equity Shares (Transition)  Category of the Official  List of the  FCA
   and to the London Stock Exchange  for admission to trading of the  Placing
   Shares on  its main  market  for listed  securities ("Admission").  It  is
   expected that Admission of the Placing Shares will become effective at  or
   around 8.00 a.m.  on 23  December 2024 and  that dealings  in the  Placing
   Shares will commence at that time.  The Placing Shares are conditional  on
   Admission.

    

   The Placing Shares will, when issued,  be credited as fully paid and  will
   rank pari passu in all respects  with the existing ordinary shares of  the
   Company and  will  on  issue  be  free  of  all  claims,  liens,  charges,
   encumbrances and equities.

    

   LEI: 2138002739WFQPLBEQ42

    

                                      END

                                        

                                        

                                        

    

   MARKET ABUSE REGULATION DISCLOSURE

    

   The information  contained  within  this announcement  is  deemed  by  the
   Company to constitute inside information for the purposes of Article 7  of
   the EU Market Abuse  Regulation (EU) No  596/2014 as it  forms part of  UK
   domestic law by  virtue of  the European  Union (Withdrawal)  Act 2018  as
   amended ("UK MAR"), and Article 7 of the Market Abuse Regulation (EU)  No.
   596/2014 ("EU MAR"). The Company is solely responsible for the content  of
   this announcement.

    

   Enquiries:             1 enquiries@thalassaholdingsltd.com
   Thalassa Holdings Ltd  

    

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   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          VGG878801114
   Category Code: MSCH
   TIDM:          THAL
   LEI Code:      2138002739WFQPLBEQ42
   Sequence No.:  365194
   EQS News ID:   2051357


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:enquiries@thalassaholdingsltd.com


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