Business
Retail Offer via PrimaryBid.com
Retail Offer via PrimaryBid.com.
About this update from Rank Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4333E\n Rank Group PLC\n 05 November 2020\n \n \n \n \n THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n \n \n THIS 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)\n \n \n This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014\n \n \n For immediate release\n \n \n \n \n \n 5 November 2020\n \n \n The Rank Group Plc\n \n \n \n \n \n Retail Offer via PrimaryBid.com\n \n \n \n \n \n Retail Offer\n \n \n The Rank Group Plc (\"Rank\" or the \"Company\"), today announces a retail offer via PrimaryBid of new ordinary shares of 138/9pence each in the capital the Company (\"Ordinary Shares\") (the \"Retail Shares\") (the \"Retail Offer\").\n \n \n As separately announced today, the Company is conducting a non-pre-emptive placing of new Ordinary Shares in the Company (the \"Placing Shares\") (the \"Placing\") through an accelerated bookbuild (the \"Bookbuild\"). The price at which the Placing Shares are to be placed (the \"Placing Price\") will be determined following the close of the Bookbuild. \n \n \n The issue price for the Retail Shares will be equal to the Placing Price.\n \n \n \n \n \n Reasons for the Retail Offer\n \n \n The Company values its retail investor base and wants to give those shareholders an opportunity to participate in the equity fundraise, alongside other investors.\n \n \n After consideration of the various options available to it, the Company believes that the separate Retail Offer, which will give retail investors the opportunity to part...