Vulcan Industries Plc Issue of Equity
07 January 2022 - 12:00AM
UK Regulatory
TIDMVULC
6 January 2022
Vulcan Industries plc
("Vulcan" or the "Company")
Equity Issue
Equity Issue
Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a
total of GBP 224,000 (gross) from existing investors through the issue of
14,000,000 new ordinary shares at 1.6p per share (the 'Placing Shares') under
this equity issue.
The Company will use the proceeds from the equity issue for general working
capital purposes.
Admission
Application has been made for the 14,000,000 Placing Shares is to be admitted
to trading on Aquis Stock Exchange ('Admission'). Admission is expected to
occur at 8:00am on or around 12th January 2022.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise
407,991,285 ordinary shares of £0.0004 each, with each share carrying the right
to one vote.
The Company does not hold any ordinary shares in treasury. The above figure of
407,991,285 may therefore be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or of a change to their interest in the Company under the FCA's
Disclosure and Transparency Rules.
For further information, visit: https://vulcanplc.com
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing, and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.
END
(END) Dow Jones Newswires
January 06, 2022 08:00 ET (13:00 GMT)
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