Business
Completion of Secondary Placing
Completion of Secondary Placing.
About this update from Somero Enterprises, Inc.
[{"type":"text","content":"\n \nRNS Number : 3840U Somero Enterprises Inc. 28 March 2019 \n\n \nSomero Enterprises Inc.\n \n(\"Somero\" or the \"Company\")\n \nResult of Secondary Placing of Ordinary Shares in Somero\n \nFurther to the announcement earlier today, Somero announces that Jack Cooney has sold 800,000 Ordinary Shares in the Company (the \"Placing Shares\"), representing approximately 1.42 per cent. of the voting rights of Somero. The Placing Shares were placed at a price of 340 pence per share and were sold to institutional investors by finnCap Ltd.\n \nFollowing the sale, Jack Cooney now has a beneficial interest in a total of 614,634 Ordinary Shares, representing a resultant holding of 1.09 per cent. of the total voting rights.\n \nThe notification at the end of this announcement, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the transactions.\n \n \n \nFor further information, please contact:\n \nSomero Enterprises, Inc. www.somero.com\nJack Cooney, CEO \nJohn Yuncza, CFO\nHoward Hohmann, EVP Sales\n \nfinnCap Ltd (NOMAD and Broker)\nMatt Goode (Corporate Finance) +44 (0)20 7220 0500\nCarl Holmes (Corporate Finance)\nKate Bannatyne (Corporate Finance)\nTim Redfern/Richard Chambers (ECM)\n \nAlma PR (Financial PR Advisor) &...