Business
Fundraising
Fundraising.
About this update from Malvern International Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1867U\n Malvern International PLC\n 31 March 2021\n \n \n \n \n THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n THIS ANNOUNCEMENT, INCLUDING THE APPENDICES TO THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.\n \n \n THIS ANNOUNCEMENT, INCLUDING THE APPENDICES TO THIS ANNOUNCEMENT, IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT AND THE APPENDICES DO NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF AFC ENERGY PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. \n \n \n THIS ANNOUNCEMENT SHOULD BE READ IN ITS ENTIRETY. IN PARTICULAR, YOU SHOULD READ AND UNDERSTAND THE INFORMATION PROVIDED IN THE APPENDICES INCLUDING APPENDIX III WHICH CONTAINS THE TERMS AND CONDITIONS OF THE PLACING.\n \n \n 31 March 2021\n \n \n Malvern International plc \n \n \n \n (\n \n \n \"\n \n \n Malvern\"\n \n \n or the \n \n \n \"\n \n \n Company\n \n \n \"\n \n \n ) \n \n \n \n \n \n \n Fundraising to raise up to £1.3 million\n \n \n \n \n \n \n \n \n Malvern International plc (AIM: MLVN), the global learning and skills development partner, announces that the Company is carrying out an equity fundraising to raise gross proceeds of approximately £1.21 million. The fundraising will consist of a firm and conditional placing to raise up to £0.75 million through the issue of 604,822,470 new Ordinary Shares (the \"Placing\") and a firm and conditional subscription to raise approximately £0.46 million through the issue of 230,000,000 new Ordinary Shares (the \"Subscription\"), in each case at a price of 0.2 pence per share (the...