Business
PrimaryBid Offer to raise up to £1 million
PrimaryBid Offer to raise up to £1 million.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\").\nTHIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF KEFI GOLD AND COPPER PLC.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021).\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.\n \n30 May 2023\n \nKEFI GOLD AND COPPER PLC\n(\"KEFI\" or the \"Company\")\nPrimaryBid Offer to raise up to £1 million\n· KEFI announces a retail offer via PrimaryBid to raise up to £1 million through the issue of up to 142,857,142 new ordinary shares;\n· The Placing Price for the Retail Shares is 0.7 pence per Retail Share, representing a discount of 16.7 per cent to the closing mid-market price on 26 May 2023;\n· Investors can access the PrimaryBid Offer by visiting www.PrimaryBid.com and downloading the PrimaryBid mobile app;\n· Investors may also be able to take part through PrimaryBid's extensive network of retail brokers, wealth managers and investment platforms. Subscriptions through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (GIAs);\n· Both the Placing Shares and Retail Shares will be sold at the Placing Price;\n· There is a minimum subscription of £250 per investor in the PrimaryBid Offer;\n· No commission is charged by PrimaryBid on applications to the PrimaryBid Offer.\nPrimaryBid Offer\nKEFI Gold and Copper plc (AIM: KEFI) the gold and copper exploration and development company with projects in the Federal Democrati...