Business
Result of Rump Placing
Result of Rump Placing.
About this update from Harworth Group Plc
[{"type":"text","content":"\n \nRNS Number : 8904N Coalfield Resources PLC 12 September 2013 \n \n\nTHIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. \n \n12 September 2013\nCoalfield Resources Plc\n(\"Coalfield Resources\" or the \"Company\")\nResult of Rump Placing\nFollowing the announcement earlier today regarding valid acceptances under the fully underwritten Rights Issue announced by Coalfield Resources on 7 August 2013, the Company confirms that Investec Bank Plc (\"Investec\"), in its capacity as agent for the Company, has procured subscribers for all of the 39,835,548 New Ordinary Shares for which valid acceptances were not received as at 11:00am on 11 September 2013, at a price of 5 pence per New Ordinary Share.\n \nThe net proceeds from the placing of such New Ordinary Shares (after the deduction of the Issue Price of 2 pence per New Ordinary Share and the expenses of procuring subscribers including any applicable brokerage and commissions and amounts in respect of VAT which are not recoverable, if any) will be paid (without interest) to those persons whose rights have lapsed in accordance with the terms of the Rights Issue, pro rata to their lapsed provisional allotments, provided that this amount is £5.00 or more per person.\n \nDefined terms used in this announcement shall have the same meanings as in the Prospectus and circular relating to the Rights Issue dated 7 August 2013 (the \"Prospectus\"), unless the context requires otherwise. \nEnquiries \n \nCoalfield Resources \nJonson Cox, Chairman 01302 755 002\nJeremy Hague, Finance Director 01302 755 002 \n \nInvestec Bank Plc (Financial Adviser and Broker): 020 7597 4000\nJeremy Ellis / Chris Sim / David Anderson \n \nCardew Group (Media): 020 7930 0777 \nAnthony Cardew / Tom Horsman\n \nImportant Information \nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS AND INVESTORS SHOULD NOT SUBSCRIBE FOR ...