Gunsynd PLC Issue of Equity - Placing (7702V)
December 05 2023 - 11:28AM
UK Regulatory
TIDMGUN
RNS Number : 7702V
Gunsynd PLC
05 December 2023
5 December 2023
Gunsynd PLC
("Gunsynd" or the "Company")
Issue of Equity - Placing
Gunsynd (AIM: GUN; AQSE: GUN) announces it has raised gross
proceeds of GBP210,000 through the issue of 105,000,000 new
ordinary shares of 0.085 pence ("Placing Shares") each at a price
of 0.20 pence per Placing Share (the "Placing Price") (the
"Placing") .
The net proceeds of the Placing will provide the Company with
additional funding for general working capital, progressing its
activities and making investments in line with its stated investing
policy.
Admission
Application will be made to the London Stock Exchange to admit
the Placing Shares to trading on AIM ("Admission"). Admission of
the new ordinary shares is expected to occur on or around 12th
December 2023. The Placing Shares will rank pari passu with the
existing ordinary shares.
Total Voting Rights
For the purpose of the Disclosure and Transparency Rules,
following Admission, the enlarged issued share capital of the
Company will comprise 554,796,506 ordinary shares of 0.085p each.
The above figure may be used by shareholders 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
Company, under the Disclosure and Transparency Rules.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
For further information please contact:
Gunsynd plc
Hamish Harris/ Peter
Ruse
www.gunsynd.com +44 (0)7879 584 153
Cairn Financial Advisers
LLP
James Caithie / Liam
Murray +44 (0)20 7213 0880
Peterhouse Capital Limited
Lucy Williams +44 (0)20 7469 0936
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END
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