Business
Result of Placing
Result of Placing.
About this update from Feedback Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1023R\n Feedback PLC\n 02 November 2021\n \n \n \n \n Feedback plc\n \n \n \n \n \n \n \n \n NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OF SALES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY SECURITIES IN ANY JURISDICTION, INCLUDING THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN. NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION.\n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU AS IT FORMS PART OF THE LAW OF ENGLAND AND WALES BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. IN ADDITION, MARKET SOUNDINGS WERE TAKEN IN RESPECT OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.\n \n \n \n \n \n 2 November 2021\n \n \n \n \n \n Feedback plc\n \n \n (\"Feedback\" or the \"Company\")\n \n \n \n \n \n Result of Placing \n \n \n Feedback plc (AIM: FDBK), the specialist clinical communication company, is pleased to announce the completion of the Bookbuild announced earlier today, which was oversubscribed. \n A total of 1,528,571,420 Placing Shares have been conditionally placed at the Issue Price of 0.7 pence per Placing Share to raise a total of approximately £10.7 million for the Company (before expenses).\n \n \n The Company also announced details of an Open Offer to be made to Qualifying Shareholders to raise up to an additional £0.5 million at the Issue Price.\n \n \n \n \n \n The net proceeds of the Fundraising will be used primarily to:\n \n \n \n \n \n ·\n further develop the \"CareLocker - powered by Bleepa\" product to meet existing and growing demand in both the UK and intern...