Business
Admission to AIM and first day of dealings
Admission to AIM and first day of dealings.
About this update from Xp Factory Plc
[{"type":"text","content":"\n \nRNS Number : 6106D Dorcaster PLC 08 July 2016 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR TRANSMITTED, DISTRIBUTED TO, OR SENT BY ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES, OR OF OR IN ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.\n \nThis announcement is not an offer of securities for sale in the United States or in any other jurisdiction. Investors should not purchase any shares referred to in this announcement except on the basis of information in the admission document (the \"Admission Document\") published by Dorcaster plc on 5 July 2016 in connection with the proposed admission of all of its ordinary shares to AIM, a market operated by the London Stock Exchange plc (\"Admission\"). Copies of the Admission Document are available at the registered office of the Company and online at www.dorcasterplc.com, subject to applicable securities laws or regulations.\n \n8 July 2016\n \nDORCASTER plc\n \n(\"Dorcaster\" or the \"Company\")\n \nADMISSION TO AIM AND FIRST DAY OF DEALINGS\n \nDorcaster is pleased to announce that Admission of its ordinary shares to trading on the AIM market of the London Stock Exchange will take place, and dealings will commence, at 8.00am today under the TIDM code \"DAR\".\n \nThe Company, together with Peel Hunt LLP (\"Peel Hunt\"), successfully raised approximately £9.7 million (before expenses) by placing 6,000,000 new ordinary shares at a placing price of 161 pence per share. Dorcaster's market capitalisation on Admission, based on the placing price, is £16.1 million.\n \nDorcaster has been formed by Richard Rose, Karen Jones and Hubert Van Den Bergh (the \"Directors\") to create value for its investors through the acquisition and subsequent development of target businesses. The Directors' intention is to acquire controlling stakes in one or more quoted or unquoted businesses or companies (in whole or in part) in the consumer and leisure sectors.\n \n \n \n\n\n\n\nEnquiries:\n\n\n \n\n\n\n\n \nDorcaster plc\nAlistair Rae, Company Secret...