Intuitive Investments Group plc Light Science Technologies Holdings - update (2227M)
20 Septiembre 2021 - 2:04AM
UK Regulatory
TIDMIIG
RNS Number : 2227M
Intuitive Investments Group plc
20 September 2021
Intuitive Investments Group plc
Light Science Technologies Holdings plc's Intention To Float
Announcement
Intuitive Investments Group plc (AIM: IIG) ("IIG" or the
"Company"), a closed-end investment company focussed on the life
sciences sector, notes the Schedule One announcement, released
today on behalf of Light Science Technologies Holdings plc
("LSTH"), in relation to the proposed admission of LSTH's ordinary
shares to trading on AIM ("Admission").
As announced on 11 January 2021, IIG's investment in LSTH
consists of GBP1 million of convertible loan notes, which have a
7.25% coupon and will convert automatically at a 20% discount to
LSTH's ordinary share price at Admission. LSTH was IIG's first
investment from its pipeline of opportunities, following its
successful IPO and Admission to AIM in December 2020.
For further information, please contact:
Intuitive Investments Group plc www.iigplc.com
David Evans, Executive Chairman Via Walbrook PR
Robert Naylor, CEO
Strand Hanson Limited - Nominated
Adviser +44 (0) 20 7409 3494
James Dance / James Bellman
Turner Pope Investments (TPI)
Ltd - Broker +44 (0) 20 3657 0050
Andrew Thacker / James Pope
Walbrook PR Limited - Media & +44 (0)20 7933 8780 or intuitive@walbrookpr.com
Investor Relations
+44 (0)7502 558 258 / +44 (0)
Sam Allen / Paul McManus 7980 541 893
About Intuitive Investments Group plc
The Company is a recently established investing company, seeking
to provide investors with exposure to a portfolio concentrating on
fast growing and/or high potential Life Sciences businesses
operating predominantly in the UK, continental Europe and the US,
utilising the Board's experience and in particular that of the
Chairman, David Evans, to seek to generate capital growth over the
long term for shareholders.
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END
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September 20, 2021 03:04 ET (07:04 GMT)
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