Business
Result of Fundraising
Result of Fundraising.
About this update from Malvern International Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2775U\n Malvern International PLC\n 01 April 2021\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \n \n \n \n \n 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 DOES 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 WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n \n \n \n 1 April 2021\n \n \n Malvern International plc\n \n \n (\"Malvern\", the \"Company\" or the \"Group\") \n \n \n \n \n \n Result of Fundraising\n \n Malvern International plc (AIM: MLVN), is pleased to announce that further to its announcement at 16.35 yesterday, it has successfully completed and closed the Fundraising which has been increased in size in order to meet demand. Terms and expressions in this announcement will have the same meaning as in that announcement.\n The Fundraising has raised gross proceeds of £1.70 million through the placing of 620,150,000 New Ordinary Shares and a subscription to the Company of 230,000,000 New Ordinary Shares all at a price of 0.2 pence per share. In aggregate 850,150,000 New Ordinary Shares will be issued pursuant to the Placing and Subscription.\n A total of 620,150,000 Placing Shares in the Company have been placed by WH Ireland with institutional and other investors at a price of 0.2 pence per share (the \"Issue Price\") pursuant to the Firm Placing and the Conditional Placing raising in aggregate £1.24 million.\n In addition, a total of 230,000,000 New Ordinary Shares in the ...