THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH
FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018 ("UK MAR").
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY
PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS
ANNOUNCEMENT.
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO THE UNITED STATES, CANADA OR JAPAN.
Rosslyn Data Technologies
plc
("Rosslyn" or the
"Company")
Result of
Retail Offer
Rosslyn (AIM: RDT), the provider of cloud-based enterprise data
analytics platform, is pleased to announce
that, following the closing of the Retail Offer by PrimaryBid at
4.30 p.m. on 10 October 2024, it has conditionally
raised £250,000 (before expenses) via the conditional issue of
5,000,000 Retail Offer Shares at 5 pence per Retail Offer
Share. The Retail Offer was oversubscribed with allocation
preference being given to existing shareholders of the
Company.
Consequently, a total of 32,720,000
Placing Shares, 5,000,000 Retail Offer Shares and 13,328,150
Conversion Shares will be issued conditional on the passing of the
Resolutions at the General Meeting on 25 October 2024.
Application will be made for the
68,707,425 New Ordinary Shares, comprising the Placing Shares,
Retail Offer Shares, Conversion Shares, and 17,659,275 Existing
Ordinary Shares following the Capital Reorganisation to be admitted
to trading on AIM. Admission is expected to take place at 8.00 a.m.
on 28 October 2024.
Following the issue of the New
Ordinary Shares, the Company will have 68,707,425 ordinary Shares
of 0.1 pence in issue. The figure of 68,707,425 may be used by the
Company's shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Financial Conduct Authority's Disclosure Rules and Transparency
Rules.
As previously announced, James
Appleby, Non-Executive Chairman of the Company, has confirmed his
intention, following publication of the Company's FY24 Results, to
subscribe for 5,280,000 new Ordinary Shares at the Issue Price for
a subscription of £264,000. Should it proceed, a separate
application will be made for the 5,280,000 new Ordinary Shares to
be admitted to trading on AIM.
Capitalised terms used but not
defined in this announcement have the same meanings as set out in
the circular to Shareholders dated 9 October 2024.
Enquiries
Rosslyn
Paul Watts, Chief Executive
Officer
James Appleby, Chairman
|
+44 (0)20 3285 8008
|
PrimaryBid Limited
Nick Smith / James Deal
|
enquiries@primarybid.com
|
Cavendish Capital Markets Limited (Nominated adviser and
Broker)
Stephen Keys/Camilla Hume/George
Lawson
|
+44 (0)20 7220 0500
|
Gracechurch Group (Financial PR)
Claire Norbury/Anysia
Virdi
|
+44 (0)20 4582 3500
|
Important Information
This Announcement is not for
publication or distribution, directly or indirectly, in or into the
United States of America. This Announcement is not an offer of
securities for sale into the United States. The securities referred
to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States, except pursuant to an applicable exemption
from registration. No public offering of securities is being made
in the United States.
This Announcement and the
information contained herein, is restricted and is not for
publication, release or distribution, directly or indirectly, in
whole or in part, in or into Australia, Canada, the Republic of
South Africa, Japan or any other jurisdiction in which such
publication, release or distribution would be unlawful.
Further, this Announcement is for information purposes only and is
not an offer of securities in any jurisdiction.