Business

Result of General Meeting and Total Voting Rights

Result of General Meeting and Total Voting Rights.

articleInspiration Healthcare Group PlcJuly 22, 20244/company/inspiration-healthcare-group-plc/news/result-of-general-meeting-and-total-voting-rights-36
Result of General Meeting and Total Voting Rights

About this update from Inspiration Healthcare Group Plc

[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND 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, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE.\n \n \nInspiration Healthcare Group Plc\n (\"Inspiration Healthcare\" or the \"Company\")\n \nResult of General Meeting and Total Voting Rights\n \nOn 26 June 2024, Inspiration Healthcare (AIM: IHC), the global medical technology company pioneering specialist intensive neonatal intensive care medical devices, announced (the \"Launch Announcement\") a conditional placing (the \"Placing\"), a Director and senior management Subscription (the \"Subscription\"), and an associated retail offer (the \"Retail Offer\").\n \nThe Company is pleased to announce that at its General Meeting held earlier today, all the resolutions set out in the circular dated 28 June 2024 were duly passed (the \"Resolutions\").\n \nFurther to this, the Company can now confirm that it will issue, pursuant to the Placing, the Subscription and the Retail Offer, 21,428,570 New Ordinary Shares at 14 pence per share, raising approximately £3.0 million in aggregate. The issue of New Ordinary Shares will be split as follows:\n \n·    17,321,430 shares pursuant to the Placing, raising gross proceeds of approximately £2.4 million;\n·    535,712 shares pursuant to the Subscription, raising gross proceeds of approximately £75,000; and\n·    3,571,428 shares pursuant to the Retail Offer, raising gross proceeds of approximately £0.5 million.\n \nAs a result of the passing of the Resolutions, the Directors and senior management of the Company participating in the Capital Raising will hold the following Ordinary Shares in the capital of the Company on Admission:\n \n\n\n\n\nDirector\n\n\nExisting beneficial shareholding\n\n\nNew Ordinary Shares subscribed for\n\n\nShareholding on completion of the Capital Raising\n\n\nShareholding as a percentage of the Enlarged Issued Share Capital\n\n\n\n\nRoy Davis\n\n\n-\n\n\n178,571\n\n\n178,571\...

More updates from Inspiration Healthcare Group Plc