Business
Result of GM & Completion of Fundraise
Result of GM & Completion of Fundraise.
About this update from Trafalgar Property Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 8027S\n Trafalgar Property Group PLC\n 13 July 2020\n \n \n \n \n Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement, this information is now considered to be in the public domain.\n \n \n \n \n \n 13 July 2020\n \n \n \n \n \n DEFINED TERMS USED BUT NOT DEFINED IN THIS ANNOUNCEMENT HAVE THE MEANINGS SET OUT IN THE TRAFALGAR PROPERTY GROUP PLC ANNOUNCEMENT RELEASED ON 25 JUNE 2020\n \n \n \n \n \n TRAFALGAR PROPERTY GROUP PLC\n \n \n (\"Trafalgar\", the \"Company\" or the \"Group\")\n \n \n Result of General Meeting & Completion of Fundraise\n \n \n Trafalgar (AIM: TRAF), the property development operations company, with a strategy to add an additional hydroponics business division, is pleased to announce that at the General Meeting held at 9.00 a.m. today at Peterhouse Capital Limited, 3rd Floor, 80 Cheapside, London EC2V 6EE, all the resolutions set out in the circular, dated 25 June 2020, were passed.\nThe Company is pleased to confirm that its broker, Peterhouse Capital Limited, has raised £750,000 for a Placing and Subscription at 0.08p per share, which will represent approximately 65.78 per cent of the issued share capital of the Company.\n \n \n Admission to AIM\n \n \n Following the announcement made on 25 June 2020 and the passing of the Resolutions at the General Meeting today, the 937,500,000 New Ordinary Shares will be admitted to trading on AIM at 8.00 a.m. on 14 July 2020 (\"Admission\"). The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.\n \n \n PDMR Shareholdings\n \n \n Paul Treadaway, who is a Director, will subscribe for 81,250,000 Subscription Shares and be given a one for one warrant as part of his subscription. Following the issue of the Placing and Subscription Shares, Paul Treadaway's holding will increase to 187,734,658 New Ordinary Shares which represents approximately 13.17 per cent. of the Enlarged Issued Share Capital.\n \n \n The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n \n \n Total Voting Rights\n \n \n Following ...