Business
Result of Rump Placing
Result of Rump Placing.
About this update from Discoverie Group Plc
[{"type":"text","content":"\n \nRNS Number : 8567L Acal PLC 09 July 2014 \n \n\n9 July 2014\n \n \nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \nAcal plc\n \nResult of Rump Placing\n \nFollowing the prior announcement regarding valid acceptances under the fully underwritten Rights Issue announced by Acal plc (the \"Company\"), the Company confirms that Oriel Securities, in their capacity as sole bookrunner, have procured subscribers for the remaining 1,355,952 Rights Issue Shares not validly taken up in the Rights Issue, representing approximately 4.3 per cent. of the Rights Issue Shares, at a price of 222 pence per Rights Issue Share.\n \nThe net proceeds from the placing of such Rights Issue Shares (after the deduction of the Rights Issue Price of 176 pence per Rights Issue Share and the expenses of procuring subscribers) will be paid to those persons whose rights have lapsed in accordance with the terms of the Rights Issue, pro rata to their lapsed provisional allotments, save that individual amounts of less than £5.00 will not be paid to such persons but will be retained by the Company.\n \nFor further information contact:\n \n \n\n\n\n\nAcal plc\n\n\n01483 544 500\n\n\n\n\nNick Jefferies\n\n\n\n\n\n\n\nSimon Gibbins\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSponsor, sole bookrunner and broker\n\n\n\n\nOriel Securities \n\n\n0207 710 7600\n\n\n\n\nDavid Arch\n\n\n\n\n\n\n\nAshton Clanfield\n\n\n\n\n\n\n\nStewart Wallace\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInstinctif Partners \n\n\n0207 457 2020\n\n\n\n\nMark Garraway\nHelen Tarbet\n\n\n \n \n\n\n\n\n \n\n \nIMPORTANT NOTICE\nThe defined terms set out in Part XVIII of the Prospectus apply in this announcement. \nThis announcement is not a prospectus but an advertisement and investors should not acquire any Nil Paid Rights, Fully Paid Rights or Rights Issue Shares except on the basis of the information contained in the Prospectus. \nA copy of the ...