Business
Results of PrimaryBid.com Offer
Results of PrimaryBid.com Offer.
About this update from Chill Brands Group Plc
[{"type":"text","content":"\n \nRNS Number : 3718T Highlands Natural Resources PLC 20 March 2019 \n\nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \nNOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.\n \n20 March 2019\n \nHighlands Natural Resources plc \n(\"Highlands\" or the \"Company\") \n \nResults of PrimaryBid.com Offer\n \nHighlands, the London-listed natural resources company announced on 19 March 2019 the launch of a fundraising comprising a subscription in conjunction with an offer via PrimaryBid (the \"PrimaryBid Offer\") (together the \"Fundraising\").\n \nThe Company is pleased to announce that the PrimaryBid Offer received strong demand from private investors and successfully completed and closed at 9.00 p.m. on 19 March 2019.\n \nFollowing the successful closing of the PrimaryBid Offer, the Company has raised gross proceeds of £1.56 million at 8.5 pence per ordinary share via the Fundraising.\n \nAdmission and dealings\n \nApplication will be made for 18,318,713 Ordinary Shares in the Company to be admitted to trading on the Official List of the UK Listing Authority by way of a Standard Listing and to trading on the London Stock Exchange's Main Market for listed securities (\"Admission\"). Admission is expected to take place on 26 March 2019.\n \nFollowing Admission, the new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue, including the right to receive all dividends and other distributions declared, and the total number of ordinary shares in Highlands with voting rights will be 136,483,080. This figure may be used by Highlands shareholders as the denominator for calculations to determine if they have a notifiable interest in Highlands under the Disclosure and Transparency Rules, or if such interest has changed.\n \nRobert Price, Executive Chair...