Business
Results of Retail Offer
Results of Retail Offer.
About this update from Plexus Holdings
[{"type":"text","content":"\n\nPlexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services\n \n21 March 2025\n \n \n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (AS AMENDED) (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED)). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \nPlexus Holdings PLC\n('Plexus' or 'the Company')\n \nResults of Retail Offer\n \nFurther to the announcement by the Company in respect of the Retail Offer dated 19 March 2025 (the \"Retail Offer Announcement\"), Plexus Holdings PLC (AIM: POS), is pleased to announce that, following the closing of the Retail Offer on the BookBuild platform on 21 March 2025, the Company has conditionally raised total gross proceeds of £0.5 million (the \"Retail Offer\") by way of a successful subscription for a total of 7,692,307 Retail Offer Shares at the Issue Price of 6.5 pence per share in connection with the Retail Offer, which was significantly oversubscribed.\n \nAllocations were made to existing Shareholders, applying the principles of soft pre-emption. Given the significant demand, existing Shareholders received c.74% of their soft pre-emptive allowance 1.\n \nAdmission and Total Voting Rights\n \nAn application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM, subject to the passing of the Resolutions at the General Meeting. Admission is expected to become effective in respect of, and dealings on AIM are expected to commence in, all of the New Ordinary Shares, at 8:00 a.m. on 8 March 2025.\n \nFurther to the Company's announcement released at 7.00 a.m. on 19 March 2025 and assuming that the Subscription and Conversion proceeds, following Admission of the New Ordinary Shares, the Company will have 172,691,366 Ordinary Shares in issue with the Company holding no Ordinary Shares in treasury. Therefore, the total number of voting rights will be 172,691,366. This figure may be used by shareholders as the denominator for the calculations by which they will determ...