Business
Result of proposed placing
Result of proposed placing.
About this update from Sancus Lending Group Limited
[{"type":"text","content":"\n RNS Number : 7219A T2 Income Fund Limited 14 October 2009 \n \nT2 Income Fund Limited (\"T2\" or the \"Company\")\n\nResult of proposed placing\n\nFurther to the Company's announcement on 16 September 2009, T2 is pleased to announce it has conditionally raised £11 million, before expenses, by way of a Placing (the \"Placing\") with new and existing shareholders of 44,000,000 new ordinary shares in the Company (the \"Placing Shares\") at a price of 25 pence per Placing Share (the \"Placing Price\"). \n\nApplication will be made for the Placing Shares to be admitted to trading on AIM (a market operated by the London Stock Exchange plc) and dealings are expected to commence at 8:00a.m. on 20 October 2009. \n\nFollowing the admission of the Placing Shares, the Company will have a total of 87,000,000 ordinary shares in issue. \n\nAs announced on 1 October 2009, shareholder approval for the Placing will be sought at the Company's EGM on 16 October 2009.\n\nA copy of the Circular is available on the Company's website at www.T2income.com.\n\n\n\n\n\n\nT2 Income Fund\nGeoff Miller\n \n\n\nTel: +353 1 4433 466\n\n\n\n\nSinger Capital Markets Limited\nJos Trusted\n \n\n\nTel: +44(0)203 205 7500\n\n\n\n\nGrant Thornton Corporate Finance\nPhilip Secrett\n \n\n\nTel: +44(0)207 383 5100\n\n\n\n\nFinancial Dynamics\nEd Gascoigne-Pees\nEd Berry\n\n\nTel: +44(0)207 269 7132\n\n\n\n\n \n \nThis information is provided by RNSThe company news service from the London Stock Exchange END ROIILFLDIRLVLIA \n ","length":5830,"tagName":"div"}]