Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Aurrigo International Plc
[{"type":"text","content":"\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 OF AMERICA (THE \"UNITED STATES\" OR THE \"US\"), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL (EACH A \"RESTRICTED JURISDICTION\").\n \n \n \n \n \n \n \n \n 15 September 2022\n \n \n \n Aurrigo International plc\n \n \n \n \n Admission to Trading on AIM and First Day of Dealings\n \n \n \n Aurrigo International plc (AIM: AURR, the \"Company\" or \"Aurrigo\"), a leading international provider of technology solutions, announces the admission of its entire issued share capital, being 41,666,667 Ordinary Shares, to trading on the AIM market of the London Stock Exchange (\"Admission\").\n \n \n \n \n \n Dealings in the Ordinary Shares will commence at 8.00 a.m. today, 15 September 2022, under the ticker \"AURR\" (ISIN: GB00BNG73286).\n \n \n \n \n \n The Company's AIM admission document (the \"Admission Document\") was published on 12 September 2022 and is available to view on its website at: www.aurrigo.com/investors.\n \n \n \n \n \n \n Admission Highlights\n \n \n \n ·\n The Company has successfully raised gross proceeds of £8.0 million in total, at a price of 48 pence per Ordinary Share\n \n \n ·\n Upon Admission, the Company will have a market capitalisation (at the Offer Price) of approximately £20.0 million\n \n \n ·\n The Directors believe that Admission is an important step in Aurrigo's continuing development and will accelerate its commercial progression. In particular, the Placing will provide the Company with the capital to execute the Board's growth plans\n \n \n · \n Singer Capital Markets Securities Limited acted as Sole Bookrunner and Placing Agent, Singer Capital Markets Advisory LLP has been retained as Nominated Adviser and Broker\n \n \n \n \n Company and Use of Proceeds\n \n \n \n \n \n \n \n \n ·\n Headquartered in Coventry, UK, Aurrigo has a 29-year history as a manufacturer and supplier of product solutions to premium automotive OEMs.\n \n \n ·\n It is highly regarded as a specialist in autonomous and semi-autonomous technology solutions and is now moving into...