Business
Result of placing and subscription & PDMR dealings
Result of placing and subscription & PDMR dealings.
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.\nTHIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OR SUBSCRIPTION IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER OF OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\n \n\n26 June 2024\nInspiration Healthcare Group plc\n \nResult of Placing and Subscription\nand\nPDMR Dealings\n \nInspiration Healthcare Group plc (AIM: IHC) (\"Inspiration Healthcare\" or the \"Company\"), the global medical technology company pioneering specialist neonatal intensive care medical devices, is pleased to announce that, following the announcement made earlier today (the \"Launch Announcement\") regarding, among other things, the launch of the proposed placing (the \"Placing\"), it has successfully conditionally placed 17,321,430 new ordinary shares of 10 pence each in the capital of the Company (the \"Placing Shares\") at a price of 14 pence per share (the \"Issue Price\") raising gross proceeds of approximately £2.4 million.\nIn addition, certain of the Directors and senior management of the Company have, in aggregate, also directly conditionally subscribed for 535,712 new Ordinary Shares at the Issue Price, raising £75,000 (the \"Subscription\").\nTogether, the Placing and the Subscription will raise gross proceeds of £2.5 million through the issue of 17,857,142 new Ordinary Shares (the \"Fundraising\").\nThe Issue Price represents a discount of approximately 42.9 per cent. to the closing mid-market price of 24.5 pence per Ordinary Share on 25 June 2024, being the last business day prior to the Launch Announcement.\nLiberum is acting as Nominated Adviser, broker and sole bookrunner in connection with the Placing.\nCapitalised terms not defined in this announcement (this \"Announcement\") have the meanings given to them in the Launch Announcement.\nRetail Off...