DP Poland PLC Broker Option Update (9505P)
14 February 2019 - 6:00PM
UK Regulatory
TIDMDPP
RNS Number : 9505P
DP Poland PLC
14 February 2019
This Announcement contains inside information for the purposes
of the market abuse regulation (EU No. 596/2014) ("MAR"). In
addition, market soundings (as defined in MAR) were taken in
respect of certain of the matters contained in this Announcement,
with the result that certain persons became aware of such inside
information, as permitted by MAR. Upon the publication of this
Announcement, this inside information is now considered to be in
the public domain and such persons shall therefore cease to be in
possession of inside information.
14 February 2019
DP Poland plc
Broker Option Update
Further to the announcement on 7 February 2019, DP Poland plc
("DP Poland" or the "Company") is pleased to announce that it has
conditionally raised additional gross proceeds of approximately
GBP0.5 million via the Broker Option. An additional 8,333,333 new
Ordinary Shares have been placed by Peel Hunt at a price of 6 pence
per share. The Board is pleased to confirm that there was
significant demand via the Broker Option and that the book was
over-subscribed.
As such, a total of 96,666,666 new Ordinary Shares have been
placed via the Placing and Broker Option, raising gross proceeds
for the Company of GBP5.8 million, conditional upon the passing of
the requisite shareholder resolutions at the General Meeting on 28
February 2019. Application will be made for the Placing and Broker
Option Shares to be admitted to trading on AIM. Admission and
dealings in the new Ordinary Shares is expected to take place on or
before 8.00 a.m. on 1 March 2019.
Defined terms used in this announcement bear the same meaning as
those used in the announcement dated 7 February 2019.
Enquiries:
DP Poland plc 020 3393 6954
Peter Shaw, Chief Executive
www.dppoland.com
Peel Hunt LLP, NOMAD, Sole Broker and
Sole Bookrunner 020 7418 8900
Adrian Trimmings / George Sellar / Guy
Pengelley
Hudson Sandler, Financial PR 020 7796 4133
Alex Brennan / Lucy Wollam
The person responsible for arranging the release of this
Announcement on behalf of the Company is Peter Shaw, a director of
the Company.
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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