Investegate |Glantus Holdings PLC Announcements | Glantus Holdings PLC: Replacement - Acquisition of Technology Insight
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Investegate |Glantus Holdings PLC Announcements | Glantus Holdings PLC: Acquisition of Technology Insight Corporation
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Investegate |Tern PLC Announcements | Tern PLC: Equity Fundraise of up to £4 million
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Subscription and Investment Portfolio Update Armadale Capital plc (LON: ACP), the AIM quoted investment group focused on natural resource projects in Africa is pleased to announce that is has raised £850,000 via a private subscription with certain existing high-net worth shareholders in the Company (the Subscription ). As part of the Subscription, 18,888,889 new ordinary shares ( Ordinary Shares ) ( Subscription Shares ) in the Company will be issued at a price of 4.5 pence per Ordinary Share which was the mid-market price on 27 May 2021, being the last trading day immediately preceding this announcement. In addition, Subscribers will also receive one warrant for each Ordinary Share subscribed for, exercisable at a price of 7.00 pence and expiring on the three-year anniversary of the date of issue (the Warrants ). In aggregate, 18,888,889 Warrants will be issued alongside this Subscription.