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Major Shareholder Announcement

21st Apr 2017 07:03

RNS Number : 9573C
MySQUAR Limited
21 April 2017
 

RNS REACH ANNOUNCEMENT (NON-REGULATORY)

 

MySQUAR Limited ("MySQUAR" or the "Company")

 

Major Shareholder Announcement

 

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, notes the "TR1: Notification of Major Interest in Shares" announcement released this morning and is pleased to note that pursuant to the TR1, Imperium Ltd, a subscriber to tranche 2 of the equity placing announced on 10 April 2017, acquired 30,000,000 ordinary shares in the Company on the open market, as of 18 April 2017, corresponding to approximately 7.6 per cent of the total number of shares and voting rights currently in issue, in addition to its subscription to tranche 2.

 

 

For further information:

 

MySQUAR Limited

 

Eric Schaer (Chief Executive)

Tel: +65 6818 6089

Pham Dang Hung (CFO)

 

 

 

SP Angel Corporate Finance LLP

 

Nominated Adviser

Tel: +44 (0) 203 470 0470

Stuart Gledhill/Soltan Tagiev

 

Beaufort Securities Limited

Joint Broker

Jon Belliss/Elliot Hance

 

Mirabaud Securities LLP

Joint Broker

Edward Haig-Thomas/Peter Krens

 

 

 

 

Tel: +44 (0) 207 382 8300

 

 

 

Tel: +44 (0) 207 878 3447

 

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