RC365 Holding PLC Issue of Equity (6269U)
March 29 2023 - 5:36AM
UK Regulatory
TIDMRCGH
RNS Number : 6269U
RC365 Holding PLC
29 March 2023
29 March 2023
RC365 Holding Plc
("RC365" or the "Company")
Issue of Equity
RC365 Holding Plc ("RC365"), a company focusing on payment
gateway solutions and IT support, refers to the announcement made
on 14 February 2023, whereby RC365 agreed to issue 18,000,000 new
Ordinary Shares of 1p each ("Subscription Shares") to Hatcher Group
Limited, of which 9,500,000 new Ordinary Shares have already been
issued as per the announcement made on 17 February 2023.
Application for the remaining 8,500,000 new Ordinary Shares to
be admitted to the Official List of the UK Listing Authority and to
trading on the Main Market of the London Stock Exchange has been
made. Dealings are expected to commence on or around 3 April
2023.
All the subscription shares were issued at 19p per share. On 27
March 2023, RC365 announced that Hatcher Group Limited had disposed
of 6,000,000 shares in RC365. Conditional on Admission of the
9,500,000 new Ordinary Shares, Hatcher Group Limited will hold
12,000,000 ordinary shares representing 9.56% voting rights in
RC365.
Conditional on Admission of the 9,500,000 new Ordinary Shares,
the Company's issued ordinary share capital will be 125,534,591
Ordinary Shares, which 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 share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further information please contact:
RC365 Holding plc T: +852 2251 1621
Chi Kit LAW, Chief Executive Officer E: ir@rc365plc.com
Guild Financial Advisory Limited - T: +44 (0)7973 839767
Financial Adviser E: ross.andrews@guildfin.co.uk
R oss Andrews
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END
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