PGIT Secs 2020 Plc Result of Placing
27 Noviembre 2020 - 01:00AM
UK Regulatory
TIDMPGIZ TIDMPMGZ
27 November 2020
PGIT Securities 2020 plc (the "Company")
Result of Placing
Further to the announcement on 3 November 2020, the Placing closed at 1:00pm
yesterday. The Company is pleased to announce that pursuant to the Placing,
PMGR Securities 2025 plc has raised a total of GBP3.35m from new ZDP shareholders
at the issue price of 100 pence. This is in addition to the Rollover elections
made by the Existing ZDP Shareholders as announced on 23 November 2020.
14,217,339 New ZDP Shares in PMGR Securities 2025 plc are expected to be issued
to satisfy Existing ZDP Shareholders who opted for the Rollover Option and to
new ZDP shareholders who have participated in the Placing.
Application will be made for the New ZDP Shares of PMGR Securities 2025 plc to
be admitted to the standard listing segment of the Official List and to trading
on the Main Market of the London Stock Exchange. Dealings in the New ZDP Shares
of PMGR Securities 2025 plc are expected to commence on 1 December 2020. The
New ZDP Shares will trade using the ticker PMGZ and under ISIN GB00BNG43G36.
The Proposals remain conditional on the passing of the Resolutions to be
proposed at the Second General Meeting, the FCA agreeing to admit to the
standard segment of the Official List the Reclassified Shares and the London
Stock Exchange agreeing to admit the Reclassified Shares to trading on its main
market, and, subject only to allotment thereof, the New ZDP Shares to be issued
pursuant to the Issue also being agreed to be admitted
Terms used in this announcement shall have the same meaning as in the Circular.
Contact:
Premier Fund Managers Limited
01483 306090
Claire Long (claire.long@premiermiton.com)
James Smith (james.smith@premiermiton.com)
N+1 Singer
020 7496 3000
James Maxwell (james.maxwell@n1singer.com)
Iqra Amin (iqra.amin@n1singer.com)
END
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