Business
Placing and Open Offer
Placing and Open Offer.
About this update from Touchstar Plc
[{"type":"text","content":"\n \nRNS Number : 0682C Touchstar PLC 17 January 2018 \n\nTHIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, NEW ZEALAND AND SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\nThis announcement does not constitute an offer of, or a solicitation to subscribe for or purchase, any securities in any jurisdiction including in the United States.\nSecurities may not be offered or sold in the United States absent registration under the United States Securities Act of 1933, as amended (the \"Securities Act\"), or an exemption from, or in a transaction not subject to, registration. The Company has not and does not intend to register any securities under the Securities Act, and does not intend to offer any securities to the public in the United States unless registered under the Securities Act or an exemption from such registration is available. No public offering of securities of the Company is being made in the United States.\nNo communication or information relating to the issue and offering of securities may be disseminated to the public in jurisdictions other than the UK where prior registration or approval is required for that purpose. No action has been taken that would permit an offer of securities in any jurisdiction where action for that purpose is required, other than in the UK.\n \n17 January 2018\n \nTOUCHSTAR PLC\n(\"Touchstar\" or the \"Company\")\n \nFIRM PLACING OF 630,840 NEW ORDINARY SHARES\nCONDITIONAL PLACING OF 639,158 NEW ORDINARY SHARES\nPROPOSED OPEN OFFER OF UP TO 901,250 NEW ORDINARY SHARES\nAND\nNOTICE OF GENERAL MEETING\n \nTouchstar plc (AIM: TST), is pleased to announce details of a fundraise consisting of a firm placing, a conditional placing and an open offer to raise in aggregate up to £1.3 million, before expenses.\n \n \nThe Chairman, Ian Martin, said: \"We have refocused Touchstar to be a business that enables data to be captured, moved and used, which is a good place to be in the modern world. This successful fund raising allows the deve...