Inqo announces Private Placing of
The net proceeds of the Placing will be used to execute on a range of additional opportunities the Company has identified in the healthcare, education and eco-tourism sectors in
The Placing Shares will rank pari passu with the Company's existing Ordinary Shares. Application will be made for the Placing Shares to be admitted to trading on
Following the Admission of the Placing Shares, there will be a total of 13,028,505 Ordinary Shares in issue with each share carrying the right of one vote. The above figure 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 change to their interest in, the Company under the
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
Chief Operating Officer Tel: +27 (0)83 6254069
NEX Exchange Corporate Adviser and broker
Dr Wang Chong Tel: +44 (0)20 7186 9948
'INQO' (www.inqo.co.za) is a South Africa-based social impact company listed on the London NEX Exchange. It makes strategic acquisitions and investments in businesses designed to tackle poverty and provide employment, products and services to the poor in Low Income Countries (LICs).
This information is provided by RNS