Business
Open Offer & Business Update
Open Offer & Business Update.
About this update from Supply@me Capital Plc
[{"type":"text","content":"\n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SINGAPORE, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.\n \n \n \n \n THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY ORDINARY SHARES OR WARRANTS. ANY OFFER THAT MAY BE MADE WILL BE MADE PURSUANT TO THE CIRCULAR (AND THE TERMS AND CONDITIONS CONTAINED THEREIN) WHICH IS EXPECTED TO BE DISPATCHED TO QUALIFYING SHAREHOLDERS ON 22 JULY 2022.\n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) (\"UK MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n 22 July 2022\n \n \n \n Supply@ME Capital plc\n \n \n \n \n (the \"Company\" or \"SYME\")\n \n \n \n \n Open Offer and Business Update\n \n \n \n SYME, the fintech business which provides an innovative platform for use by manufacturing and trading companies to access Inventory Monetisation© solutions enabling their businesses to generate cashflow, is pleased to announce a capital raise of up to £320,855 through an open offer of new ordinary shares of nominal value £0.00002 each in the capital of SYME (\"Ordinary Shares\") (the \"Open Offer\"), as part of its Capital Enhancement Plan announced on 27 April 2022.\n \n \n The Company will today publish and post to Qualifying Shareholders (other than Qualifying Shareholders in Restricted Jurisdictions) a circular in respect of the Open Offer (the \"Circular\") together with the associated Application Form. The Circular contains, inter alia, the full terms and conditions of the Open Offer, a letter from Albert Ganyushin, the Chairperson of SYME, explaining the Open Offer and providing the Directors' recommendation in respect of the Open Offer, an expected timetable of principal events and questions and answers about the Open Offer.\n ...