18th Sep 2017 11:00
18 SEPTEMBER 2017
VORDERE PLC
("Vordere" or the "Company)
Issue of Offer Ordinary Shares
Further to the announcement of the Company dated 7 July 2017 and the publication of the prospectus setting out details of, inter alia, the offer for subscription, the Company is pleased to announce that it has today allotted 2,705,882 Offer Ordinary Shares of nominal value £0.02 in the capital of the Company at a price of £0.17 per share ("Share Allotment") in exchange for subscriptions equal to £460,000.
The Company's total issued share capital as of the date of this announcement is 182,256,247 of £0.02. The Company does not hold any shares in Treasury. Therefore, the total number of voting rights in the Company is 182,256,247. Following the Share Allotment, the issued share capital will be 184,962,129 shares.
The "Offer Ordinary Shares", are defined in the prospectus http://vordere.com/investor-relations/prospectus/.
Application will be made for the Offer Ordinary Shares to be admitted to the standard segment of the Official List and to trading on the London Stock Exchange's main market for listed securities. It is expected that admission will become effective and that unconditional dealings will commence on the London Stock Exchange on or around Thursday 21st September.
For further information, please visit www.vordere.com or contact the following:
Vordere PLC | |
Azima Musayeva | +44 (0)20 3872 7325 |
Peterhouse Corporate Finance Limited Lucy Williams / Duncan Vasey | +44 (0) 20 7220 9797 |
|
LEI number of Vordere Plc: 213800VALWEYWTLOX423
Classification: Announcement made pursuant to 6.1.13R of the FCA Disclosure and Transparency Rules
Related Shares:
VOR.L