Business
Result of Retail Offer & Subscription
Result of Retail Offer & Subscription.
About this update from Aurrigo International Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY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, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF AURRIGO INTERNATIONAL PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY WITH SUCH PERSONS.\n29 November 2023\n \nAurrigo International plc\n \n(\"Aurrigo\" or the \"Company\")\n \nResult of Retail Offer\n \nFurther to the announcement made by the Company on 16 November 2023, Aurrigo International plc (AIM: AURR), a leading international provider of transport technology solutions, announces that it has raised gross proceeds of £176,255 pursuant to its retail offer via the BookBuild Platform from existing retail shareholders (\"Retail Offer\"). Subject to the Retail Offer becoming unconditional, a total of 176,255 new ordinary shares of £0.002 each (\"Retail Offer Shares\") will be issued at 100 pence per Retail Offer Share (\"Issue Price\"). In addition, the Company has raised £100,000 by way of a direct subscription for 100,000 new Ordinary Shares (\"Subscription Shares\" and together with the Retail Offer Shares the \"New Ordinary Shares\") at the Issue Price (the \"Subscription\").\n \nConsequently, an application has been made to the London Stock Exchange for the admission of, in aggregate, 276,255 New Ordinary Shares to trading on AIM (\"Admission\"). Admission and dealings in the New Ordinary Shares are expected to take place at 8.00 a.m. on or around 1 December 2023.\n \nThe Retail Offer and Subscription is conditional (amongst other thin...