Business
Result of the Placing
Result of the Placing.
About this update from Reabold Resources Plc
[{"type":"text","content":"\n \nRNS Number : 3023G Reabold Resources PLC 28 February 2018 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND 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 IN REABOLD RESOURCES PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF REABOLD RESOURCES PLC.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (596/2014/EU). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.\nFor immediate release\n \n28 February 2018\n \nReabold Resources plc\n(\"Reabold\" or the \"Company\")\nResult of the placing (\"Placing\")\nFurther to the announcement made at 11.30 a.m. today (the \"Placing Announcement\") the Board of Reabold (AIM: RBD), the AIM traded investment company investing in the Exploration & Production sector, announce that, the bookbuild has been successful and is now closed.\nDue to demand received during the bookbuild, the Board of Reabold has decided to increase the placing from 1,222,000,000, new ordinary shares of 0.1p each in the capital of the Company (\"Ordinary Shares\") to 1,305,083,333 new Ordinary Shares (the \"New Placing Shares\"), an increase of 7%.The New Placing Shares have been successfully placed by the Joint Brokers with new and existing shareholders of the Company at a price of 0.6 pence per New Placing Share (the \"Is...