Business
First Day of Dealings on AIM
First Day of Dealings on AIM.
About this update from Watkin Jones Plc
[{"type":"text","content":"\n \nRNS Number : 9642S Watkin Jones plc 23 March 2016 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, AUSTRALIA OR TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.\n \nThis announcement does not constitute or form part of an offer to sell or issue or a solicitation of an offer to subscribe for or buy any securities nor should it be relied upon in connection with any contract or commitment whatsoever. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of the information in the admission document (the \"Admission Document\") published by Watkin Jones plc in connection with the proposed admission of its ordinary shares of £0.01 each (\"Ordinary Shares\") to trading on AIM, a market operated by London Stock Exchange plc (\"Admission\"). Copies of the Admission Document will be available at the registered office of the Company, subject to applicable securities laws or regulations.\n \n\n\n\n\nFor immediate release\n\n\n23 March 2016\n\n\n\n\n \n \n \nWatkin Jones plc\n \nFirst Day of Dealings on AIM\n \nWatkin Jones plc (\"Watkin Jones\" or the \"Company\"), a leading UK developer and constructor of multi occupancy property assets, with a focus on the student accommodation sector, is pleased to announce the commencement at 08.00 a.m. today of dealings in its Ordinary Shares on AIM, a market operated by the London Stock Exchange plc. Zeus Capital acted as nominated adviser, joint bookrunner and joint broker to the Company with Peel Hunt as joint bookrunner and joint broker. The Company's ticker is WJG.\n \nThe Company, together with Zeus Capital and Peel Hunt, successfully raised £131.3 million (before expenses) by placing 131.3 million existing and new ordinary shares with investors at a placing price of 100 pence per share (the \"Placing\"). Watkin Jones' market capitalisation on admission, bas...