10th Jun 2010 15:07
10 June 2010
Better Capital Limited (the "Company")
Publication of Prospectus
Further to the announcement made by the Company this morning in relation to the proposed migration from AIM to the Official List and Firm Placing and Placing and Open Offer of up to 64,380,952 New Shares at 105 pence per New Share to raise gross proceeds of up to £67.6 million, the Company announces that a prospectus relating to the Migration and Firm Placing and Placing and Open Offer (the "Prospectus") was approved by the UK Listing Authority (the "UKLA") earlier today.
The Prospectus is expected to be sent to Shareholders today and copies of the Prospectus, which includes a notice convening an Extraordinary General Meeting of the Company to be held at 10.30 a.m. on 24 June 2010 at the offices of Heritage International Fund Managers Limited, Heritage Hall, Le Marchant Street, St Peter Port, Guernsey GY1 4HY, will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.
In addition, the Prospectus will shortly be available to view on the Company's website (www.bettercapital.gg) and will be available for inspection at the office of DLA Piper UK LLP, 3 Noble Street, London EC2V 7EE.
Defined terms used in this announcement shall (unless the context otherwise requires) have the same meanings set out in the Prospectus dated 10 June 2010.
Enquiries
Mark Huntley (Director) Administrator and Company Secretary Laurence McNairn
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+44 (0)14 8171 6000 |
Better Capital LLP Jon Moulton (Chairman)
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+44 (0)20 7440 0840 |
Numis Securities Limited Sponsor, Nominated Adviser, Broker and Joint Placing Agent Nathan Brown, Simon Blank
Dar Capital (UK) Limited Joint Placing Agent Richard Bryant |
+44 (0)20 7260 1000
+44 (0)20 7907 8500
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Related Shares:
BCAP.L