Business
Result of Equity Issue
Result of Equity Issue.
About this update from Worldsec Limited
[{"type":"text","content":"\n \nRNS Number : 8816M Worldsec Ld 30 August 2013 \n \n\n30 August 2013\n \nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR TO US PERSONS.\n \nThis Announcement is an advertisement. It is not a prospectus and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Worldsec Limited or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This Announcement does not constitute a recommendation regarding any securities.\n \nAny investment decision must be made exclusively on the basis of the documents published by the Company for the purposes of the Listing Rules comprising of, a Circular together with a Summary and Securities Note and a Registration Document (together the \"Prospectus\") in connection with the admission of new Ordinary Shares of the Company to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities (\"Admission\"). Copies of the Prospectus are available from the offices of TLT LLP, 20 Gresham Street, London EC2V 7JE.\n \nTerms used in this announcement shall have the same meaning as set out in the Prospectus. \nResult of the Open Offer and First Placing\nWorldsec Limited (the \"Company\" or \"Worldsec\") announces that as at 11:00 a.m. on 28 August 2013, being the latest time and date of receipt for acceptance and payment in full, it had received valid acceptances in respect of 7,611,052 New Shares, pursuant to the Open Offer announced by the Company on 2 August 2013. \nIn accordance with his underwriting obligations as disclosed in the Prospectus dated 2 August 2013, and subject to the passing of the Resolutions and Admission taking place, Henry Ying Chew Cheong, Deputy Chairman of the Company, has subscribed for an additional 5,7...