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Polypipe announces the completion of the non-pre-emptive underwritten placing of new ordinary shares in the capital of the Company announced yesterday (the Placing ).
A total of 18,704,085 new ordinary shares ( Ordinary Shares ) in the capital of the Company (the Placing Shares ) have been placed by Deutsche Bank AG, London Branch ( Deutsche Bank ) and Numis Securities Limited ( Numis ), acting as joint bookrunners, raising gross proceeds of approximately £ 96.3 million . The Placing Shares have been issued at a price of 515 pence per Placing Share (the Placing Price ). The Placing Shares being issued represent, in aggregate, approximately 8.2 per cent. of Polypipe s issued ordinary share capital prior to the Placing. ....
MEMBERS OF THE PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS DIRECTED ONLY AT PERSONS WHOSE ORDINARY ACTIVITIES INVOLVE THEM IN ACQUIRING, HOLDING, MANAGING AND DISPOSING OF INVESTMENTS (AS PRINCIPAL OR AGENT) FOR THE PURPOSES OF THEIR BUSINESS AND WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS AND ARE: (A) IF IN A MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (THE EEA ), QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2(E) OF THE EU PROSPECTUS REGULATION ( QUALIFIED INVESTORS ); OR (B) IF IN THE UNITED KINGDOM, QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2(E) OF THE UK PROSPECTUS REGULATION WHO ARE (I) PERSONS WHO FALL WITHIN THE DEFINITION OF INVESTMENT PROFESSIONAL IN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (THE ORDER ), OR (II) PERSONS WHO FALL WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER, OR (III) PERSO ....
+44 (0) 20 7404 5959 This Announcement should be read in its entirety. In particular, you should read and understand the information provided in the Important Notices section of this Announcement. IMPORTANT NOTICES This Announcement and the information contained in it is restricted and is not for release, publication, distribution or forwarding, in whole or in part, directly or indirectly, in or into any jurisdiction in which such publication, release or distribution would be unlawful. This Announcement or any part of it does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in the United States, Canada, Australia, South Africa, Japan, New Zealand or any other jurisdiction in which the same would be unlawful. No public offering of equity securities in connection with the equity fundraising referred to in this Announcement is being, ....