(“Imperial X” or the “Company”)
Issue of Equity and Warrants and Update on Proposed Acquisitions
Imperial X Plc is pleased to announce that, further to its announcement on
The Placing Shares will represent 20.7 per cent of the enlarged issued share capital of the Company, with the funds to be used for working capital and corporate costs associated with the proposed acquisitions (“the Acquisitions”) also announced on
The Company’s enlarged issued capital now consists of 71,370,949 Ordinary Shares of 0.1p per share with voting rights attached. This number may be used by shareholders, following the Placing as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The Company anticipates that it will close the second and final tranche shortly and will update the market once complete.
The Company is also pleased to provide an update to the market that the Acquisitions announced on
This announcement contains information which, prior to its disclosure, was inside information for the purposes of Article 7 of EU Regulation 596/2014.
The Directors of the Company accept responsibility for the content of this announcement.
For further information please contact:
Tel: +1 250 877 1394
Tel: +44 (0)207 399 9400
Tel: +44 (0)207 138 3204