Daniel Stewart Securities PLC Update on Placing (3791F)
12 November 2015 - 12:20AM
UK Regulatory
TIDMDAN
RNS Number : 3791F
Daniel Stewart Securities PLC
11 November 2015
For immediate release: 11 November 2015
Daniel Stewart Securities plc
('Daniel Stewart' or 'the Company')
Share allotment in connection with the placing
The Company announces that as part of a placing the Company was
intending to undertake in conjunction with the release of its
annual accounts for the year ended 31 March 2015, on 30 September
2015 the Company received a payment of GBP25,000 for 1,666,666 new
ordinary shares at a price of 1.5p per share ("Shares") from a
market counterparty ("Allottee") which were credited into the CREST
system as at that date. The placing did not proceed at that stage.
It has not been possible for the Allotee to return the shares. It
is intended that these shares will form part of the forthcoming
placing and that application will be made for these Shares to be
admitted to trading on AIM along with the additional shares to be
issued under the placing that the Company is currently finalising,
which will be subject to a further announcement.
- ENDS -
Enquiries:
DANIEL STEWART SECURITIES PLC
Peter Shea, Chairman
Tel: 020 7776 6550
BEAUMONT CORNISH LIMITED
Roland Cornish/ James Biddle
Tel: 020 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
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