Vulcan Industries Plc - Equity Issue PR Newswire

8 January 2021

Vulcan Industries plc

(“Vulcan” or the “Company”)

Equity Issue

Equity Issue

Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a total of GBP 150,000 from existing and new investors (gross) through the issue of 2,650,000 new ordinary shares at 5p and 272,727 new ordinary shares at 5.5p (‘Placing Shares’) under this equity issue.

The Company will use the proceeds from the equity issue for general working capital purposes.

Admission

Application has been made for the 2,922,727 Placing Shares to be admitted to trading on Aquis Stock Exchange (‘Admission’). Admission is expected to occur at 8:00am on or around 14 January 2021.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 265,453,605 ordinary shares of £0.0004 each, with each share carrying the right to one vote.

The Company does not hold any ordinary shares in treasury. The above figure of 265,453,605 may therefore 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 of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information, visit: https://vulcanplc.com 

Contacts

Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
John Maxwell, CEO
First Sentinel Corporate Finance Ltd (AQSE Corporate Adviser) +44 7876 888 011
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707

About Vulcan

Vulcan seeks to acquire and consolidate traditional but historically profitable engineering, manufacturing and industrial SMEs for value and to enhance this value in part through group synergies, but primarily by unlocking growth which is not being achieved as a standalone private company.