Investegate |JTC PLC Announcements | JTC PLC: Proposed Placing of New Ordinary Shares
Proposed Placing of New Ordinary Shares JTC, the global provider of fund, corporate and private client services, announces its intention to conduct a non pre-emptive placing of new ordinary shares (the "Placing Shares") of 1p each in the capital of the Company (the "Placing") to raise gross proceeds of up to c. £65m, representing approximately 9.0 per cent. of the current issued share capital of the Company. The total number of Placing Shares will not exceed 10.0 per cent. of the current issued share capital of the Company and the issue and allotment of the Placing Shares will be...