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VIA1 - Via Developments News Story

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Via Developments Plc: Further Fundraise £140,000

Tue 25th September, 2018 2:20pm
                        25 September 2018


Via Developments PLC

(“Via” or “the Company”)          

Further Fundraise £140,000

Via Developments Pc, is pleased to announce that it has raised a further
£140,000 subject to admission to NEX Exchange Growth Market, 7 per cent.
Debenture Stock due 2020, of £1.00 per unit nominal value (the “Placing
Price”) to raise gross proceeds of £140,000.  

The proceeds of the placing will be used to provide the company with
additional working capital.

Net proceeds to be received by the Company are £138,600.

The £140,000 New Debenture Stock will be admitted to trading on NEX Exchange
Growth Market under the ticker symbol VIA1 on 25 September 2018.

Following the Placing, the issued Debenture Stock of the Company will increase
to 6,138,857 Debenture Stock at par value £1.00. This figure may be used by
Debenture Stockholder as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the debenture stock capital of the Company under the
Disclosure and Transparency Rules.

Neither this announcement nor the information contained herein constitutes an
offer or solicitation by Via Developments Plc for the purchase or sale of any
securities nor does it constitute a solicitation to any person in any
jurisdiction where solicitation would be unlawful.

The directors of Via Developments Plc accept responsibility for this


Via Developments Plc

24 Queen Street


M2 5HX

Telephone: +44 161 850 2633


Alexander David Securities Limited

David Scott –Corporate Finance

James Dewhurst – Corporate Broking 

Telephone: +44 (0) 20 7448 9820

49 Queen Victoria Street, London EC4N 4SA

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