Unbound Group PLC Open Offer Launch, Posting of Circular & GM Notice (5151T)
22 Julio 2022 - 11:35AM
UK Regulatory
TIDMUBG
RNS Number : 5151T
Unbound Group PLC
22 July 2022
NEITHER THIS ANNOUNCEMENT, NOR ANY COPY OF IT, NOR THE
INFORMATION CONTAINED IN IT, IS FOR PUBLICATION, RELEASE,
TRANSMISSION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY
OTHER JURISDICTION IN WHICH PUBLICATION, RELEASE OR DISTRIBUTION
WOULD BE UNLAWFUL (OR TO ANY PERSONS IN ANY OF THOSE
JURISDICTIONS). PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS
ANNOUNCEMENT.
22 July 2022
Unbound Group plc
Launch of Open Offer, Posting of Circular
and
Notice of General Meeting
Unbound Group plc (AIM: UBG) ("Unbound Group", the "Company" or,
together with its subsidiary undertakings, the "Group"), is pleased
to announce that, further to the Company's announcement on 21 July
2022 (the "Launch Announcement"), it is proposing to raise up to
approximately GBP1 million (before expenses) through an Open Offer
pursuant to which Qualifying Shareholders will have an opportunity
to subscribe for an aggregate of 6,675,849 Open Offer Shares at an
Offer Price of 15 pence per Open Offer Share.
Pursuant to the Open Offer, Qualifying Shareholders will be
given the opportunity to subscribe for:
1 Open Offer Share for every 6.33 Existing Ordinary Shares
held by Qualifying Shareholders at the Record Date and so on in
proportion for any other number of Existing Shares then held.
Any Open Offer Shares not subscribed for by Qualifying
Shareholders will be available to Qualifying Shareholders under the
Excess Application Facility and as such, Qualifying Shareholders
seeking to limit their dilution from the Placing can also request
additional Open Offer Shares ("Excess Shares") under the Excess
Application Facility. The Open Offer is not being underwritten.
The Open Offer is conditional upon, among other things (i) the
Resolutions being duly passed by Shareholders at the General
Meeting and (ii) Admission having become effective at or before
8.00 a.m. on 11 August 2022 (or such later time and/or date as the
Bookrunner may agree with the Company not being later than 8.00
a.m. on 1 September 2022).
Posting of Circular
The Company also confirms that a circular, which contains
further details regarding the Open Offer and the Share Capital
Reorganisation and a notice convening the General Meeting (the
"Circular"), will be posted today to Qualifying Shareholders, along
with the Application Form (where applicable). The Circular will
also be made available on the Company's website:
https://unboundgroupplc.com/.
Notice of General Meeting
The General Meeting has been convened for 10.00 a.m. on 10
August 2022 at the offices of Singer Capital Markets, 1 Bartholomew
Lane, London, EC2N 2AX.
Capitalised terms used in this announcement have the meanings
given to them in the Circular, unless the context provides
otherwise.
Enquiries:
Unbound Group plc
Ian Watson, Chief Executive Officer
Dan Lampard, Chief Financial Officer
020 3874 8300
Singer Capital Markets (Nominated Adviser, Sole Broker and Sole
Bookrunner)
Peter Steel / Tom Salvesen / Alaina Wong / Kailey Aliyar
020 7496 3000
Vico Partners (Financial PR Adviser)
Sofia Newitt
020 3957 5045
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
2022
Record Date and time for entitlements under the 6.00 p.m. on 19
Open Offer July
Announcement of the Fundraising 21 July
Posting of the Circular, Application Forms and 22 July
Forms of Proxy
Existing Ordinary Shares marked 'ex' by London 8.00 a.m. on 22
Stock Exchange July
Basic Entitlements and Excess Open Offer Entitlements 8.00 a.m. on 25
credited to stock accounts in CREST of Qualifying July
CREST Shareholders
Recommended latest time for requesting withdrawal 4.30 p.m. on 2
of Basic Entitlements and Excess Open Offer Entitlements August
from CREST
Latest time for depositing Basic Entitlements 3.00 p.m. on 3
and Excess Open Offer Entitlements into CREST August
Latest time and date for splitting of Application 3.00 p.m. on 4
Forms (to satisfy bona fide market claims only) August
Last time and date for receipt of completed Forms 10.00 a.m. on
of Proxy 8 August
Latest time and date for receipt of completed 11.00 a.m. on
Application Forms and payment in full under the 8 August
Open Offer or settlement of relevant CREST instruction
(as appropriate)
General Meeting 10:00 a.m. 10
August
Record Date for the Share Capital Reorganisation 6.00 p.m. 10 August
Results of General Meeting and Open Offer announced 10 August
through an RIS
Effective Date for the Corporate Restructure 7.00 a.m. on 11
August
Admission and commencement of dealings in the 8:00 a.m. 11 August
Placing Shares and the Open Offer Shares
Placing Shares and Open Offer Shares credited 11 August
to CREST stock accounts
Despatch of definitive share certificates for within 14 days
Placing Shares and Open Offer Shares held in certificated of Admission
form
Each of the times and dates above refer to London time and are
subject to change. Any such change will be notified to Shareholders
by an announcement through a Regulatory Information Service. All
events listed in the above timetable following the General Meeting
are conditional on the passing of the Resolutions at the General
Meeting.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCFZGZNVZMGZZM
(END) Dow Jones Newswires
July 22, 2022 12:35 ET (16:35 GMT)
Unbound (LSE:UBG)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Unbound (LSE:UBG)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024