Windar Photonics PLC Equity Subscription (3355Z)
09 Gennaio 2020 - 1:38PM
UK Regulatory
TIDMWPHO
RNS Number : 3355Z
Windar Photonics PLC
09 January 2020
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
9 January 2020
Windar Photonics plc
("Windar" or the "Company")
Equity Subscription
Windar Photonics plc (AIM:WPHO), is pleased to announce it has
raised GBP34,375 (before expenses) by way of a subscription for
125,000 ordinary shares of 1 pence each in the Company
("Subscription Shares") (the "Subscription") at 27.5 pence per
share (the "Issue Price"). The Subscription is in addition to, and
has been conducted on substantially the same terms (including the
same Issue Price) as the recent equity subscription announced by
the Company on 12 December 2019. The subscriber, an existing
shareholder of the Company, was not available to participate in the
previous subscription.
Application will be made to the London Stock Exchange for the
Subscription Shares to be admitted to trading on AIM and it is
expected that such Admission will occur at 8.00 a.m. on 17 January
2020. The Subscription Shares will be issued and credited as fully
paid and will rank pari passu in all respects with the existing
ordinary shares of 1 pence each of the Company ("Ordinary
Shares").
Following Admission, the Company will have 49,751,080 Ordinary
Shares in issue, none of which will be held in treasury. This
number may be used by shareholders in Windar as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change in their interest in, the
share capital of Windar under the FCA's Disclosure Guidance and
Transparency Rules.
For further information:
Windar Photonics plc Jørgen Korsgaard Jensen, CEO +45 24234930
Cantor Fitzgerald Europe David Foreman (Corporate Finance)
Nominated Adviser and Broker Keith Dowsing (Sales) +44 (0)20 7894 7000
West Hill Capital
Financial Adviser Robert Forbes Caie +44 (0)20 3440 7556
About Windar:
Windar Photonics is a technology group that develops
cost-efficient and innovative Light Detection and Ranging ("LiDAR")
optimization systems for use on electricity generating wind
turbines. LiDAR wind sensors in general are designed to remotely
measure wind speed and direction.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEBLMTTMTJMBIM
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January 09, 2020 07:38 ET (12:38 GMT)
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