Business
Results of Fundraise & Publication of Circular
Results of Fundraise & Publication of Circular.
About this update from Gfinity Plc
[{"type":"text","content":"\n \n \n THIS ANNOUNCEMENT AND THE INFORMATION HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE, TRANSMISSION, DISTRIBUTION OR FORWARDING DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, TRANSMISSION, RELEASE, DISTRIBUTION OR FORWARDING WOULD BE UNLAWFUL.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n \n \n \n 14 February 2023\n \n \n Gfinity PLC\n \n \n \n \n \n (\"Gfinity\", the \"Company\" or the \"Group\") \n \n \n \n \n \n Results of Fundraise & Publication of Circular\n \n \n \n \n \n \n \n \n Further to the announcement of 13\n February 2023 regarding the proposed Fundraise (the \"Fundraise Announcement\"), the Company is pleased to announce that it has conditionally raised £2 million (before expenses) in an upsized Placing and Subscription.\n \n \n \n \n \n Canaccord Genuity acted as Nominated Adviser, Sole Bookrunner and Sole Broker in connection with the Fundraising.\n \n \n The following Directors have agreed to subscribe for the following New Ordinary Shares at the Issue Price under the Subscription:\n \n \n \n \n \n \n \n Director\n \n \n \n \n \n \n Number of New Ordinary Shares subscribed for\n \n \n \n \n \n \n Value of New Ordinary Shares subscribed for\n \n \n \n \n \n \n Number of Ordinary Shares held on Admission\n \n \n \n \n \n \n % Share Capital held on Admission\n \n \n \n \n \n \n Number of Existing Warrants and New Warrants held on Admission\n \n \n \n \n \n \n \n Neville Upton\n \n \n \n \n 6,666,666\n \n \n \n \n £10,000\n \n \n \n \n 21,543,911\n \n \n \n \n 0.81%\n \n \n \n \n 6,666,666\n \n \n \n \n \n \n Jonathan Hall\n \n \n \n \n 6,666,666\n \n \n \n \n £10,000\n \n \n \n \n 10,138,888\n \n \n \n \n 0.38%\n \n \n \n \n 8,666,666\n \n \n \n \n \n \n Len Rinaldi\n \n \n \n \n 6,666,666\n \n \n \n \n £10,000\n \n \n \n \n 8,666,666\n \n \n \n \n 0.33%\n \n \n \n \n 8,666,666\n \n \n \n \n \n \n Hugo Drayton\n \n \n \n \n 6,666,666\n \n \n \n \n £10,000\n \n \n \n \n 8,266,666\n \n \n \n \n 0.31%\n \n \n \n \n 8,266,666\n \n \n \n \n \n \n \n TOTAL\n \n \n \n \n \n \n 26,666,664\n \n \n \n \n \n \n £40,000\n \n \n \n \n \n \n 48,616,131\n \n \n \n \n \n \n 1.84%\n \n \n \n \n \n \n 32,266,664\n \n \n...