Business
Result of Placing
Result of Placing.
About this update from Accesso Technology Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 7387N\n Accesso Technology Group PLC\n 22 May 2020\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n \n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN ACCESSO TECHNOLOGY GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF ACCESSO TECHNOLOGY GROUP PLC\n \n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n \n \n \n 22 May 2020\n \n \n accesso® Technology Group plc\n \n \n (the \"Group\" or \"Company\")\n \n \n Result of Placing, Open Offer Terms and Notice of General Meeting\n \n \n \n \n \n accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, announces the successful placing of new ordinary shares and a subscription for new ordinary shares raising, in aggregate, gross proceeds of £32.9 million ($40.3 million).\n \n \n \n \n \n A total of 11,138,179 new ordinary shares in the capital of the Company (the \"Placing Shares\") have been placed by Numis Securities Limited (\"Numis\"), raising gross proceeds of £32.3 million ($39.5 million) (the \"Placing\"), and subscriptions for a further 212,414 new ordinary shares (the \"Subscription Shares\") in the capital of the Company have been received, raising gross proceeds £0.6 million ($0.8 million) (the \"Subscription\"). The Placing Shares and the Subscription Shares are to be issued at a...