Business
Fundraise, Proposed Board Changes, RPT, GM Notice
Fundraise, Proposed Board Changes, RPT, GM Notice.
About this update from Aptamer Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT (THE \"ANNOUNCEMENT\") AND THE INFORMATION CONTAINED IN IT, IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (COLLECTIVELY, THE \"UNITED STATES\"), AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\nFURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n31 July 2023\n \nAptamer Group plc\n \n(\"Aptamer Group\", \"APTA\" or the \"Company\")\n \nFirm Placing, Conditional Placing and Subscription to Raise £3.6 million\nProposed Board Changes\nRelated Party Transactions\nNotice of General Meeting\nAptamer Group (AIM:APTA), the developer of novel Optimer® binders to enable innovation in the life sciences industry, is pleased to announce that it has conditionally raised £3.6 million (before expenses), including approximately £0.3 million from Existing Directors, Proposed Directors and PDMRs, by way of a placing and subscription (the \"Fundraise\") of 360,000,000 New Ordinary Shares at an issue price of 1p per share (the \"Issue Price\") for working capital purposes.\nThe Fundraise is being conducted in two tranches and comprises:\n· a firm placing of 10,318,390 New Ordinary Shares (the \"Firm Placing Shares\") at the Issue Price, to raise approximately £0.1 million, which is not conditional on Shareholder approval and which instead will utilise the Company's existing authorities to allot shares and disapply pre-emption rights granted at the Company's Annual General Meeting in December (the \"Firm Placing\"); and\n \n· a conditional placing of 339,281,610 New Ordinary Shares (the \"Conditional Placing Shares\") at the Issue Price to raise approximately £3.4 million (before expenses) (the \"Conditional Placing Shares\") and a conditional subscription for 10,400,000 New Ordinary Shares (the \"Subscription Shares\") to raise approximately £0.1 million (before expenses), each of which will require Shareholder approval at the General Meeting.\nThe Issue Price represents a discount ...