Business
Close of ABB & Results of Secondary Placing
Close of ABB & Results of Secondary Placing.
About this update from Gateley (holdings) Plc
[{"type":"text","content":"\n \nRNS Number : 3701D Gateley (Holdings) PLC 18 February 2020 \n\nTHIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW ORDINARY SHARES OF GATELEY (HOLDINGS) PLC IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN\n \nGateley (Holdings) Plc\n('Gateley' or the 'Group')\nClose of Accelerated Bookbuild and Results of Secondary Placing\nGateley (AIM: GTLY), the legal and professional services group, is pleased to announce that further to the announcement made earlier today, the Bookbuild has been successful, was oversubscribed and has now closed. Due to excess demand, the number of Placing Shares has been increased to 5,500,000 Ordinary Shares. Participants in the Placing will be contacted by the Bookrunners to confirm their allocations at a price of 200 pence per Placing Share. \nUnless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Company's announcement made at 7 a.m. on 18 February 2019.\n \nMichael Ward, CEO of Gateley said:\n\"I am delighted that as a result of strong investor demand we have placed 5,500,000 shares with both existing and new shareholders. We thank existing holders for their continued support and welcome new holders to the Gateley register. As a result of the Placing we have increased the free float of the Company and have once again broadened our investor base.\n \n\"The Placing is ...