CRUSHMETRIC Group Ld - Name Change, Website and Placing
RNS Number : 0950H
CRUSHMETRIC Group Limited
21 November 2022
 

21 November 2022

 

 

CRUSHMETRIC GROUP LIMITED

(formerly known as "MiLOC Group Limited")

("CRUSHMETRIC" or "the Company")

 

Change of Company Name

Company Website

Placing

 

 

CHANGE OF COMPANY NAME

CRUSHMETRIC GROUP LIMITED, the AQSE Growth Market quoted Company, is pleased to announce that the English name of the Company has been changed from "MiLOC Group Limited" to "CRUSHMETRIC Group Limited" and the Chinese name has been removed until the Company decided a suitable one. New share certificates will be issued and will replace the existing certificates in issue, which should be destroyed by shareholders.

CHANGE OF STOCK TICKER SYMBOL

The Company will provide an update on the proposed ticker in a further announcement shortly. The ISIN of the Company will remain unchanged as "KYG613521031".

CHANGE OF COMPANY WEBSITE

The corporate website address of the Company will be changed from www.miloc.com to www.crushmetricgroup.com with effect, expected on or before 1st December 2022.

 

PLACING

 

The Company is also pleased to announce that it has raised a total of HKD200,000 (equivalent to approximately GBP21,980) through the issue of 109,900 new Ordinary Shares of US$0.001 each in the Company ("Ordinary Shares") at a price of 20p per share to an individual shareholder. Application will be made for the Ordinary Shares to be admitted to trading on the AQSE Growth Market and it is expected that admission will occur on or before 23 November 2022.

 

The Ordinary Shares, when issued, will be 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 86,446,318 with each share carrying the right to one vote.

 

CRUSHMETRIC does not hold any shares in Treasury.

 

The above figure of 86,446,318 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 Directors of the Company accept responsibility for the contents of this announcement.

 

 

For further information, please contact:-

 

CRUSHMETRIC GROUP LIMITED

ONG Ban Poh Michael - Chief Executive Officer

Lilian Lo - Acting Chief Financial Officer

 

 

 

 

Tel: +852 2110 4221

 

AQSE Growth Market Corporate Adviser

PETERHOUSE CAPITAL LIMITED

Guy Miller

Mark Anwyl

 

Tel: +44 (0) 20 7469 0930

 

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