Craven House Capital PLC Issue of Equity and Directors' Dealing (3668E)
27 February 2020 - 10:22PM
UK Regulatory
TIDMCRV
RNS Number : 3668E
Craven House Capital PLC
27 February 2020
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
Craven House Capital plc
("Craven House" or the "Company")
Issue of Equity and Directors' Dealing
The Company announces that Balbir Bindra and Calum Morrison have
each been issued 4,904 new ordinary shares ("New Ordinary Shares")
as per the terms of their respective appointment letters.
As a result of this issue, Balbir Bindra will hold 14,440
Ordinary Shares, representing 0.5% per cent of the Company's issued
share capital.
As a result of this issue, Calum Morrison will hold 7,356
Ordinary Shares, representing 0.2% per cent of the Company's issued
share capital.
Admission of the New Ordinary Shares to trading on AIM and Total
Voting Rights
Application will be made for admission of the 9,808 New Ordinary
Shares to be issued on the AIM Market of the London Stock Exchange,
which is expected to take place at 8.00 a.m. on or around 4 March
2020 ("Admission").
The New Ordinary Shares will, when issued, be credited as fully
paid and will rank equally in all respects with the existing
Ordinary Shares, including the right to receive any dividend or
other distribution declared, made or paid after Admission.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules ("DTRs"), the issued ordinary share capital
of the Company following Admission will consist of 3,063,589
Ordinary Shares of $1.00 with voting rights attached (one vote per
Ordinary Share). There are no Ordinary Shares held in treasury.
This total voting rights figure may be used by shareholders as the
denominator for the calculations by which they will determine
whether they are required to notify their interests in, or a change
to their interest in, the Company under the DTRs.
Ends
For further information please contact:
Craven House Capital Plc Tel: 0203 286 8130
Mark Pajak
www.Cravenhousecapital.com
SI Capital Tel: 01483 413500
Broker
Nick Emerson
www.sicapital.co.uk
SPARK Advisory Partners Limited Tel: 0203 368 3550
Nominated Adviser
Matt Davis/Mark Brady
www.Sparkadvisorypartners.com
About Craven House Capital:
The Company's Investing Policy is to invest in or acquire a
portfolio of companies, partnerships, joint ventures, businesses or
other assets globally in any geographic jurisdiction. The company
will invest in both developed and developing markets providing long
term patient capital and is often involved in special situations,
restructuring, expansion and turn around investments in crisis and
transitioning economies.
PDMR Notifications
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Balbir Bindra
2. Calum Morrison
------------------------------- --------------------------------
2. Reason for the Notification
-----------------------------------------------------------------
a) Position/status 1. Non-Executive Director
2. Non-Executive Director
------------------------------- --------------------------------
b) Initial notification/amendment Initial notification
------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Craven House Capital PLC
------------------------------- --------------------------------
b) LEI 213800NY9RH8O1B72D27
------------------------------- --------------------------------
4. Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv)each place where transactions have been
conducted
-----------------------------------------------------------------
a) Description of the Financial Ordinary Shares of $1.0
instrument, type of
instrument
------------------------------- --------------------------------
Identification code GB00BD4FQ360
------------------------------- --------------------------------
b) Nature of the Transaction Issue of ordinary shares
------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1. $0 1. 4,904
2. $0 2. 4,904
---------------
------------------------------- --------------------------------
d) Aggregated information Aggregate volume: 9,808
Aggregated volume / Aggregated price: $0
price
------------------------------- --------------------------------
e) Date of the transaction 27 February 2020
------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- --------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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