8 October 2020
UPDATE ON PLACING AND ISSUE OF SHARES
The Company is pleased to announce that it has raised a total of GBP59,705 through the issue of 204,266 new Ordinary Shares of
Application will be made for the 204,266 new Ordinary Shares to be admitted to trading on the AQSE Growth Market and it is expected that admission will occur on or around 15 October 2020.
The Ordinary Shares have been credited as fully paid and rank pari passu in all respects with the existing Ordinary Shares of the Company. The placing proceeds will be used for general working capital purposes.
The Company announces that, following the issue of Ordinary Shares referred to above, in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules (the "Disclosure and Transparency Rules"), the total number of Ordinary Shares in issue will be 84,387,918 with each share carrying the right to one vote.
The above figure of 84,387,918 may be used by 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 Disclosure and Transparency Rules.
The Company is providing an update with regard to the placing agreement previously announced on
The directors of the Company accept responsibility for the contents of this announcement.
For further information, please contact:-
ONG Ban Poh Michael - Chief Executive Officer
Ronnie CHOI - Chief Financial Officer
Tel: +852 2110 4221
AQSE Growth Market Corporate Adviser
PETERHOUSE CAPITAL LIMITED
Tel: +44 (0) 20 7469 0930
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