Business
Admission to Trading on the London Stock Exchange
Admission to Trading on the London Stock Exchange.
About this update from R8 Capital Investments Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0211B\n Mode Global Holdings PLC\n 05 October 2020\n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.\n \n \n 5 October 2020\n \n \n Mode Global Holdings PLC \n \n \n Admission to Trading on the London Stock Exchange and First Day of Dealings\n \n \n Mode Global Holdings PLC (\"Mode\"), the UK-based Fintech Group, is pleased to announce that Mode's entire issued ordinary share capital has today been admitted to the standard listing segment of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities under the ticker \"MODE\".\n \n \n \n \n \n Mode has successfully raised £7.5 million (before expenses) by way of a placing of 15 million new Ordinary Shares with institutional and other investors at a price of 50 pence per Ordinary Share (the \"Placing Price\"). Mode's market capitalisation at the Placing Price on admission will be £40.3 million. Peterhouse Capital Limited (\"Peterhouse\") is acting as Sole Broker in relation to the Admission.\n \n \n \n \n \n Jonathan Rowland, Executive Chairman, commented: \"The Mode offering was oversubscribed and well supported by existing investors and a range of new institutional investors. Today marks a pivotal moment for Mode, as one of the first publicly listed financial services companies with a consumer focused-digital asset offering to list on the LSE Main Market. Mode's admission is a vote of confidence in our business strategy and our mission to reduce fragmentation and inefficiencies across the banking, payments, investment and loyalty industries.\"\n \n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n For further information please visit \n \n www.modebanking.com\n \n or contact:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n (IR/PR Contact)\n \n \n Maitland/AMO\n \n \n Neil Bennett/James Isola\n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n Tel: 020 7379 5151\n \n \n \n \n \n \n Alfred Henry Corporate Finance Limited (Financial Adviser)\n \n \n Nick Michaels/Jon Isaacs\n \n \...