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Results of Placing and Open Offer and Result of GM

Results of Placing and Open Offer and Result of GM.

articleCreo Medical Group PlcSeptember 6, 20214/company/creo-medical-group-plc/news/results-of-placing-and-open-offer-and-result-of-gm
Results of Placing and Open Offer and Result of GM

About this update from Creo Medical Group Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 8444K\n Creo Medical Group PLC\n 06 September 2021\n  \n \n \n \n  \n \n \n This announcement replaces the RNS announcement number 8369K which was made earlier today. On 16 August 2021, Creo announced it had raised £31.25 million by way of a conditional Placing and subsequently launched an Open Offer to raise up to an additional £5.07 million, not £31.25 as previously stated. All other information is the same. \n \n \n  \n \n \n THIS ANNOUNCEMENT, INLCUDING THE INFORMATION CONTAINED IN IT, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n  \n \n \n FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\n \n \n  \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n \n \n  \n \n \n LEI: 213800H188ZDCWWXFA21\n \n \n  \n \n \n  \n \n \n 6 September 2021\n \n \n  \n \n \n Creo Medical Group plc\n \n \n (\"Creo\" or the \"Company\")\n \n \n  \n \n \n Results of Placing and Open Offer\n \n \n and Result of General Meeting\n \n \n  \n \n \n On 16 August 2021, Creo announced it had raised £31.25 million by way of a conditional Placing and subsequently launched an Open Offer to raise up to an additional £5.07 million. \n \n \n  \n \n \n The Company is pleased to announce that at its General Meeting held today all of the resolutions, as set out in the Circular dated 16 August 2021, were duly passed.\n \n \n  \n \n \n The Company is also pleased to announce the results of the Open Offer, which closed for acceptances at 11:00 a.m. on 3 September 2021 and was significantly oversubscribed. Valid acceptances have been received in respect of 6,609,936 Open Offer Shares, representing 238.1 per cent. of the Open Offer Shares available under the Open Offer.  In accordance with the terms and conditions of the Open Offer all applications made pursuant to the Open Offer (other than Excess Shares applied for under the Excess Application Facility) have been met in full and a scaling back exercise has been undertaken in respect...

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