MiLOC GROUP LIMITED
Issue of Shares and Substantial Shareholder
The Company has issued a further 14,887 Ordinary Shares at a deemed subscription price of 30p per share to a consultant as commission in respect of the fundraising.
The Ordinary Shares have been 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 issues referred to above, in accordance with the
MiLOC does not hold any shares in Treasury.
The above figure of 76,869,020 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:-
ONG Ban Poh Michael - Chief Executive Officer
Ronnie CHOI - Chief Financial Officer
Tel: +852 2110 4221
NEX Exchange Corporate Adviser
PETERHOUSE CORPORATE FINANCE LIMITED
Tel: +44 (0) 20 7469 0930
This information is provided by RNS