Business
Results of Placing and PrimaryBid Offer
Results of Placing and PrimaryBid Offer.
About this update from Ampeak Energy Limited
[{"type":"text","content":"\n \n \n RNS Number : 3971V\n SIMEC Atlantis Energy Limited\n 06 August 2020\n \n \n \n \n RESULTS OF PLACING AND PRIMARYBID OFFER\n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 (\"MAR\")\n \n \n THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATES OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) (COLLECTIVELY, THE \"UNITED STATES\"), CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO OR FROM ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE PROHIBITED BY ANY APPLICABLE LAW.\n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AND DOES NOT CONSTITUTE, CONTAIN OR FORM PART OF AN OFFER TO SELL OR ISSUE OR A SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, ANY SECURITIES IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \n \n \n 6 August 2020\n \n \n SIMEC Atlantis Energy Limited\n \n \n Results of Placing and PrimaryBid Offer\n \n \n \n On 6 August 2020, the Company announced the launch of a fundraising comprising a placing by way of an accelerated bookbuild process by Investec and Arden and an offer for subscription by PrimaryBid, each at a price of 12 pence per share (together, the \"Fundraising\"). The Placing and the PrimaryBid Offer have now closed.\n \n \n \n The Company is pleased to announce that the Placing has raised conditionally raised gross proceeds of £6.5 million through the issue of 54,166,666 new ordinary shares at 12 pence per share. The PrimaryBid offer has conditionally raised £1 million through the issue of 8,333,333 new ordinary shares at 12 pence per share. In aggregate therefore the Fundraising has conditionally raised gross proceeds of approximately £7.5 million and will result in the issue of 62,499,999 new Ordinary Shares at 12 pence per share.\n \n \n \n The Placing and the PrimaryBid Offer are subject to the conditions set out in the Company's announcements on 6 August 2020, including admis...