Business
Results of Placing and PrimaryBid Offer
Results of Placing and PrimaryBid Offer.
About this update from Forgent Plc
[{"type":"text","content":"\n \n \n RNS Number : 5718S\n EQTEC PLC\n 09 July 2020\n \n \n \n \n THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. \n \n \n CERTAIN INFORMATION COMMUNICATED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER 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 \n \n 9 July 2020\n \n \n \n \n \n EQTEC plc\n \n \n \n (\n \n \n \"\n \n \n EQTEC\", the \n \n \n \"\n \n \n Company\" or the \n \n \n \"\n \n \n Group\")\n \n \n \n Results of Placing and PrimaryBid Offer\n \n \n Directors' Dealings\n \n \n \n \n \n EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, announces that, further to its announcement of 7.00 a.m. today, it has successfully completed the oversubscribed Fundraising which is now closed.\n \n \n The Placing and PrimaryBid Offer has raised £10 million (before expenses) through the placing of 2,000,000,000 Placing Shares and subscription for 222,222,220 PrimaryBid Shares both at an Issue Price of 0.45 pence per share.\n \n \n Directors' Dealings\n \n \n The Company has now also issued the, in aggregate, 78,179,584 Director Remuneration Shares. Accordingly, on Admission (as defined below), the relevant Directors' interests will be as follows:\n \n \n \n \n \n Director\n \n \n \n \n No. of Director Remuneration Shares\n \n \n \n \n Resultant holding of Ordinary Shares on Admission\n \n \n \n \n Percentage of total voting rights on Admission\n \n \n \n \n \n \n Thomas Quigley\n \n \n \n \n 10,909,091\n \n \n \n \n 26,254,154\n \n \n \n \n 0.38%\n \n \n \n \n \n \n David Palumbo\n \n \n \n \n 23,454,545\n \n \n \n \n 23,659,090\n \n \n \n \n 0.34%\n \n \n \n \n \n \n Gerry Madden\n \n \n \n \n 17,343,221\n \n \n \n \n 18,730,038\n \n \n \n \n 0.27%\n \n \n \n \n \n \n Yoel Aleman\n \n \n \n \n 26,472,727\n \n \n \n \n 78,209,666\n \n \n \n \n 1.14%\n \n \n \n \n \n \n \n \n Admission and ...