Gordon Dadds Group PLC Close of Accelerated Bookbuild (0224O)
24 January 2019 - 9:44PM
UK Regulatory
TIDMGOR
RNS Number : 0224O
Gordon Dadds Group PLC
24 January 2019
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT
CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION,
OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE
OR DISPOSE OF ANY SECURITIES IN GORDON DADDS GROUP PLC OR ANY OTHER
ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT
OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN
CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF GORDON DADDS
GROUP PLC.
This Announcement does not constitute a prospectus or offering
memorandum or an offer in respect of any securities and is not
intended to provide the basis for any investment decision in
respect of Gordon Dadds or other evaluation of any securities of
Gordon Dadds or any other entity and should not be considered as a
recommendation that any investor should subscribe for or purchase
any such securities.
This Announcement contains inside information for the purposes
of the market abuse regulation (EU No. 596/2014) ("MAR"). Upon the
publication of this Announcement, this inside information is now
considered to be in the public domain.
Capitalised terms in this Announcement shall have the meanings
given to such terms in the Company's announcement this morning.
24 January 2019
Gordon Dadds Group plc
("Gordon Dadds" or the "Company")
Close of Accelerated Bookbuild
The Company is pleased to announce that further to the
announcement made earlier today, the bookbuild has been successful
and is well oversubscribed so is now closed. Participants in the
Placing will be contacted by Arden to confirm their allocations. A
further announcement will be made in due course confirming the
details of the Placing.
The issue of the Placing Shares is conditional, amongst other
things, on the passing of the Placing Resolutions at the General
Meeting and the admission of the Placing Shares to trading on
AIM.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gordon Dadds Group plc Via Portland
Adrian Biles, Chief Executive Officer
Christopher Yates, Chief Financial Officer
Arden Partners plc
Nominated Adviser and sole broker to the
Company
John Llewellyn-Lloyd / Ciaran Walsh / Alex
Penney - Corporate Finance
Fraser Marshall - Head of Equities +44 (0) 20 7614 5900
Portland Communications +44 (0) 20 7554 1789
Steffan Williams Email: gordondadds@portland-communications.com
Simon Hamer
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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