Investegate |Minoan Group PLC Announcements | Minoan Group PLC: Share Issue and Option Expiry Dates
Investegate announcements from Minoan Group PLC, Share Issue and Option Expiry Dates
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Investegate announcements from Minoan Group PLC, Share Issue and Option Expiry Dates
The Directors of Minoan are pleased to announce a placing by investors of Peterhouse Capital Limited of 12,500,000 ordinary shares of 1p each to be issued at 1.1p per share (the "Placing"). In addition, and in order to settle certain existing liabilities the Company is issuing 3,636,364 Ordinary Shares of 1p each at 1.1p per share. The total value of the two issues is £177,500, the majority of which will be utilised in meeting working capital requirements and Project costs. Subject to admission on AIM, 16,136,364 Ordinary Shares of 1p will be issued at ...