LightwaveRF PLC Update on Proposed Placing and Open Offer (4358W)
14 November 2017 - 11:00PM
UK Regulatory
TIDMLWRF
RNS Number : 4358W
LightwaveRF PLC
14 November 2017
14 November 2017
LightwaveRF plc
(AIM: LWRF)
Update on Proposed Placing and Subscription to raise GBP5.0
million
and
Open Offer to raise up to GBP1.0 million
Further to its announcement on 30 October 2017, LightwaveRF plc
("LightwaveRF" or the "Company"), the leading smart home solutions
provider, announces that application has been made for 1,802,168
Deferred Settlement Shares to be admitted to trading on AIM and
dealings are expected to commence therein on 17 November 2017
("Admission").
Following Admission, the Company will have 51,376,532 Ordinary
Shares in issue; this figure may be used by Shareholders as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
Defined terms used in this announcement have the same meanings
where appropriate as in the Company's announcement of 30 October
2017.
For further enquiries
please contact:
www.lightwaveRF.com
LightwaveRF plc +44 (0) 121 250 3625
Andrew Pearson, CEO
Kevin Edwards, CFO
Stockdale Securities
Limited
Tom Griffiths/Edward
Thomas +44 (0) 20 7601 6100
Yellow Jersey www.yellowjerseypr.com
Charles Goodwin/Abena +44 (0) 7747 788 221
Affum/Katie Bairsto
About Lightwave
LightwaveRF plc pioneered smart home automation with the
introduction of the market's first Internet enabled devices in
2008. Today the Company markets a complete smart home system for
lighting, heating, power and security.
LightwaveRF offers a cloud platform and an extensive range of
retrofitted LightwaveRF designed and manufactured sockets, dimmers,
relays, thermostats, heating, energy, sensing, monitoring and
control devices. These devices are operated by conventional manual
control, handheld remote, smartphone and tablet based apps. The
LightwaveRF system can also be operated using Google Assistant and
Amazon Alexa voice control, is Apple HomeKit compatible and
provides users with dashboards to manage their smart home.
We are dedicated to making everyone's lives easier and more
fulfilled through world leading smart home technology.
For further information and to sign up for investor news alerts
please visit:
www.lightwaverf.com/corporate/
This information is provided by RNS
The company news service from the London Stock Exchange
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