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Oversubscribed Placing to raise £650,000
Oversubscribed Placing to raise £650,000.
About this update from Alkemy Capital Investments Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS.\n \nTHIS ANNOUNCEMENT IS NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 (\"MAR\") AS IN FORCE IN THE UNITED KINGDOM PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n18 December 2023\n \nAlkemy Capital Investments Plc\n \nOversubscribed Placing to raise £650,000\n \nAlkemy Capital Investments plc (\"Alkemy\") (LSE: ALK) is pleased to announce that it has raised £650,000 in an oversubscribed placing of 650,000 new ordinary shares at a placing price of £1 per share, being the total amount available under the Company's existing share authorities.\nThis includes a subscription of £50,000 of shares at the placing price from director Sam Quinn.\nThe net proceeds will be used to further the development of TVL's lithium hydroxide processing facility in Teesside, UK and for general working capital purposes ahead of the company seeking to secure mezzanine financing for that facility, without diluting Alkemy's shareholders.\nFollowing the placing, the directors will have the following beneficial shareholdings in the Company:\n \n\n\n\n\n\n\n\nNumber of Shares\n\n\n% of enlarged capital\n\n\n\n\nPaul Atherley\n\n\n3,078,000\n\n\n37.59%\n\n\n\n\nSam Quinn\n\n\n446,4281\n\n\n5.06%\n\n\n\n\nHelen Pein\n\n\n25,000\n\n\n0....