Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Appointment of Joint Broker and Placing

5th Oct 2015 07:00

RNS Number : 1515B
Blenheim Natural Resources PLC
05 October 2015
 

5 October 2015

BLENHEIM NATURAL RESOURCES PLC (AIM: BNR)

(FORMERLY KNOWN AS COBURG GROUP PLC)

("Blenheim" or "the Company")

Appointment of Joint Broker

Placing

 

The Company is pleased to announce the appointment of Peterhouse Corporate Finance Limited ("Peterhouse") as its joint broker with immediate effect.

The Company is also pleased to announce that it has placed, through Peterhouse, 315,000 Blenheim Ordinary Shares of 10p each ("Ordinary Shares") at a price of 45p per Ordinary Share to raise £141,750 before expenses. The funds raised will be used to enable the Company to make further investments in accordance with its investing policy and to provide general working capital.

Application will be made for the admission of the new Ordinary Shares to AIM with admission expected to take place on or around 8 October 2015.

Total Voting Rights

Following admission of the new Ordinary Shares, the Company's issued share capital will comprise 1,042,909 Ordinary Shares, each with voting rights. The above figure of 1,042,909 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Disclosure and Transparency Rules

 

For further information please contact:

Chris Ells

Blenheim Natural Resources Plc

+44 (0) 1622 844601

Colin Aaronson/Jamie Barklem

Grant Thornton UK LLP

+44 (0) 20 7383 5100

Nick Emerson

SI Capital Ltd

+44 (0)1483 413500

Lucy Williams / Duncan Vasey

Peterhouse Corporate Finance Limited

+44 (0) 20 7469 0932

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAPEAESDSFFF

Related Shares:

TSI.L
FTSE 100 Latest
Value8,275.66
Change0.00