NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
This announcement does not constitute a prospectus or offering memorandum or an offer in relation to any securities of
This announcement contains inside information for the purposes of the Market Abuse Regulation (EU No. 596/2014) ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain and shall therefore cease to be inside information.
("
Issue of up to
7.0% Secured Bonds due
Issue of the fifth tranche of Bonds
Payment of first Quarter interest
and
Share issue
Issue of Bonds
The Company announced on
The Company announced that it expected to issue the Bonds in tranches over the course of 2018 and intended to make an application for admission of the Bonds to trading on the NEX Exchange Growth Market as and when further funds are raised ("Admission"). The issue of this fifth tranche will bring the total Bonds in issue to 1,674,455, The Company will make a further regulatory news announcement at the point of any further Bond issue(s).
The Company is also pleased to announce that the first Quarter's interest payment has been made to Bondholders.
Share Issue
Furthermore, the Company has issued 500,000 ordinary shares at a price equivalent to 15p per share ("Share Issue") as consideration for the
Following the Share Issue, the Company has 15,196,770 Ordinary Shares in issue, each share carrying the right to one vote. The Ordinary Shares to be issued pursuant to the Share Issue will rank pari passu with existing Ordinary Shares.
The above figure of 15,196,770 should be used by shareholders in the Company 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 share capital of the Company under the
Following the issue of the New Shares, the Company is aware of the following changes to holdings required to be disclosed under the
Directors |
Shareholding |
Percentage of issued share capital |
|
514,947 |
3.39% |
|
514,947 |
3.39% |
|
272,727 |
1.79% |
|
500,000 |
3.29% |
|
707,937 |
4.66% |
Shareholders |
|
|
|
2,000,000 |
13.16% |
|
2,000,000 |
13.16% |
|
500,000 |
3.29% |
About
The Company's website is www.first-sentinel.com
For further corporate information, please contact:
Mr.
VP Corporate Development
North America Tel: +1 (604) 506-2502
Email: Kris@first-sentinel.com
Mr.
CEO
Tel: + 44 (0) 7876 888 011
NEX Corporate Advisor
Tel: +44(0)20 7628 3396
This information is provided by RNS, the news service of the