Business
Fundraise and other matters
Fundraise and other matters.
About this update from Seeen Plc
[{"type":"text","content":"\n \n \n THIS ANNOUNCEMENT, INCLUDING ITS APPENDICES AND THE INFORMATION HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, RUSSIA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, NEW ZEALAND, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) (\"UK MAR\"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED WITHIN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF INSIDE INFORMATION (AS DEFINED UNDER UK MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THOSE PERSONS THAT RECEIVED INSIDE INFORMATION IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION, WHICH IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n 7 December 2022\n \n \n \n \n \n \n \n \n SEEEN plc\n \n \n \n \n (\"SEEEN\", the \"Group\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n \n \n \n Placing to raise approximately £2.6 million\n \n \n \n \n \n \n \n \n \n Open Offer to raise up to approximately £0.5 million\n \n \n \n \n \n \n \n \n \n Capital Reorganisation\n \n \n \n \n \n \n \n \n \n Related party transactions\n \n \n \n \n \n \n \n \n \n and\n \n \n \n \n \n \n \n \n \n Notice of General Meeting\n \n \n \n \n \n \n SEEEN plc (AIM: SEEEN), the media and technology platform that delivers Key Video Moments to drive increased views and revenues across video content, is pleased to announce a Fundraising to raise a total of up to approximately £3.1 million, comprising a conditional Placing to raise approximately £2.6 million and a conditional Open Offer to Qualifying Shareholders to raise up to approximately £0.5 million, both\n at an Issue Price of 6p per New Ordinary Share\n . In addition, the Joint Brokers are able to raise up to £0.5 million at the Issue Price through the Broker Option. Dowgate Capital and Allenby Capital are acting as Joint Brokers in connection with the Placing, which includes existing in...