Village Farms International Announces US$135 Million Registered Direct Offering
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Village Farms or the
Company ) (NASDAQ: VFF) (TSX: VFF), announced today that it has entered into definitive agreements with certain institutional investors for the purchase and sale of an aggregate of 10,887,097 common shares in a registered direct offering, for expected gross proceeds of approximately US$135 million (approximately CAD$171 million) before placement agent fees and other offering expenses payable by Village Farms. Each share is being sold at a public offering price of US$12.40 (approximately CAD$15.70) per share.
The closing of the offering is subject to customary closing conditions, including applicable stock exchange approvals, and is expected to close on or about January 20, 2021. The net proceeds from this offering are intended to be used for general working capital purposes.
+44 (0)7734 956 201 +44 (0)77 9195 8922 Capitalised terms used but not defined in this announcement have the meanings given to them in the scheme document published by GoCo Group on 14 December 2020. Goldman Sachs International, which is authorised by the Prudential Regulation Authority ( PRA ) and regulated by the Financial Conduct Authority ( FCA ) and the PRA in the United Kingdom, is acting exclusively for Future and no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Future for providing the protections afforded to clients of Goldman Sachs International, or for providing advice in relation to the matters referred to in this announcement.
TwentyFour Income Fund - Dividend Announcement
PR Newswire
TwentyFour Income Fund Limited
(a non-cellular company limited by shares incorporated in the Island of Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered number 56128 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission. LEI: 549300CCEV00IH2SU369)
Re: Dividend Announcement
The Directors of TwentyFour Income Fund Limited have declared that a dividend will be payable in respect of quarter end 31 December 2020 as follows: Ex Dividend Date 21 January 2021
Record Date 22 January 2021
Payment Date5 February 2021
For further information, please contact:
Numis Securities Limited:
Hugh Jonathan