Gunsynd PLC Issue of Equity (3761M)
October 12 2016 - 7:52AM
UK Regulatory
TIDMGUN
RNS Number : 3761M
Gunsynd PLC
12 October 2016
Gunsynd Plc
("Gunsynd" or the "Company")
Issue of Equity
Gunsynd (AIM: GUN, ISDX: GUN) announces that it has raised
GBP300,000, gross of expenses, through the issue of 545,454,545 new
shares of 0.01p each in the Company ("Placing Shares") at a placing
price of 0.055 pence per share with certain private investors ("the
"Placing"). This Placing is to raise funds to assist in progressing
possible investment opportunities that the company is currently
looking at.
Application is being made for the Placing Shares, which will, on
issue, rank pari passu with the existing ordinary shares, to be
admitted to trading on AIM and such admission is expected to occur
on or around 18 October 2016. The Placing Shares will be admitted
to trading on ISDX simultaneously with the admission to AIM.
The Company will therefore have 1,770,130,373 Ordinary Shares in
issue with voting rights and admitted to trading on AIM and ISDX.
This figure may be used by shareholders in the Company as the
denominator for the calculation 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 Financial
Conduct Authority's Disclosure and Transparency Rules.
The directors of Gunsynd accept responsibility for this
announcement.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Evocutis Plc
Hamish Harris, Executive Director
+44 (0)7906205663
Cairn Financial Advisers LLP www.evocutis.com
James Caithie/Liam Murray
+44(0) 20 7148 7900
www.cairnfin.com
Peterhouse Corporate Finance
Duncan Vasey/Lucy Williams
+44 (0)20 7469 0930
http://pcorpfin.com/
This information is provided by RNS
The company news service from the London Stock Exchange
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October 12, 2016 07:52 ET (11:52 GMT)