Challenger Acquisitions Limited Allotment of Shares (1616S)
December 19 2016 - 2:00AM
UK Regulatory
TIDMCHAL
RNS Number : 1616S
Challenger Acquisitions Limited
19 December 2016
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
For Immediate Release
19 December 2016
Challenger Acquisitions Limited
("Challenger" or the "Company")
Allotment of Shares
Challenger Acquisitions Limited (LSE: CHAL), a leader in the
Giant Observation Wheel industry announces that it has allotted
124,673 new Ordinary Shares of GBP0.01 each ("Shares") on the
conversion of GBP15,918 of the 0% Convertible Loan Notes due April
2018 (as announced on 18 October 2016). These Shares were issued at
a conversion price of 12.7683p per Share.
The Company has also issued a further 66,000 Shares in relation
to the third tranche of consideration due under the original Share
Purchase Agreement for Starneth Holding B.V. and Starneth Europe
B.V.
Application has been made to the Financial Conduct Authority
("FCA") for 190,673 Shares to be admitted to listing on the
standard listing segment of the Official List and to the London
Stock Exchange for such shares to be admitted to trading on the
Main Market for listed securities. It is expected that Admission
will become effective, and dealings in the new ordinary shares will
commence, at 8.00 a.m. on 22 December 2016.
Following these allotments, the total number of Shares in issue
and the total number of voting rights in the Company is 21,899,076.
There are no Shares held in treasury. The figure of 21,899,076
Shares and voting rights may be used by shareholders in the Company
as the denominator for the calculations by which they can determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
**ENDS**
For more information visit www.challengeracquisitions.com or
enquire to:
Challenger Acquisitions Limited
Mark Gustafson +1 604 454 8677
St Brides Partners Ltd (PR)
Lottie Brocklehurst, Charlotte +44 (0) 20 7236
Page 1177
finnCap (Financial Adviser
and Broker)
Adrian Hargrave, James Thompson, +44 (0) 20 7220
Kate Bannatyne 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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