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mporium Group PLC - Results of Placing

RNS Number : 0101A
mporium Group PLC
21 March 2017
 

21 March 2017

 

mporium Group PLC

 

(the "Company")

 

Results of Placing

 

Further to the announcement made on 20 March 2017, mporium Group PLC (AIM: MPM), the mobile commerce specialist, is pleased to announce that the Company has raised approximately £3.05 million before expenses through a placing (the "Placing") of 20,333,000 ordinary shares of 0.5 pence each in the Company ("Placing Shares"), at a price of 15 pence per Placing Share (the "Placing Price").

 

The Placing is conditional upon, inter alia, the admission of the Placing Shares to trading on AIM ("Admission") and the placing agreement between the Company and N+1 Singer (the "Placing Agreement") becoming unconditional.

 

Application has been made for the Placing Shares to be admitted to trading on AIM. It is expected that Admission will occur on or around 24 March 2017.

 

 

 

Ends

Enquiries:

Mporium

020 3242 0515

Barry Moat




N+1 Singer (Nominated Adviser and Broker)

020 7496 3000

Gillian Martin

Alex Laughton-Scott




Buchanan

020 7466 5000

Charles Ryland


Vicky Watkins


 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND, NEW ZEALAND OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. 

THIS   ANNOUNCEMENT   IS   FOR   INFORMATION   PURPOSES   ONLY   AND   SHALL   NOT CONSTITUTE OR FORM PART OF AN OFFER TO ISSUE OR SELL, OR THE SOLICITATION OF AN OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE FOR, NEW ORDINARY SHARES IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT HAS NOT BEEN APPROVED BY THE LONDON STOCK EXCHANGE, NOR IS IT INTENDED THAT IT WILL BE SO APPROVED.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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