Fragrant Prosperity Holdings Ltd Issue of Equity (4590C)
17 Junio 2019 - 3:07AM
UK Regulatory
TIDMFPP
RNS Number : 4590C
Fragrant Prosperity Holdings Ltd
17 June 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA,
CANADA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR
JAPAN.
For Immediate Release
17 June 2019
Fragrant Prosperity Holdings Ltd
("Fragrant Prosperity" or the "Company")
Issue of Equity
Fragrant Prosperity Holdings Ltd. (the "Company"), incorporated
in the British Virgin Islands ("BVI"), announces that it has today
issued 8,638,535 New Ordinary Shares in the Company at price of
0.75p each raising gross proceeds of GBP64,789 before expenses. The
placing was undertaken by the Company's broker Optiva Securities
Limited.
The placing proceeds will be used to provide working capital for
the Company.
The New Ordinary Shares represent approximately 19.99 per cent.
of the Existing Share Capital and 16.66 per cent. of the Enlarged
Share Capital of the Company. The New Ordinary Shares will rank
pari passu in all respects with the Existing Ordinary Shares
including all rights to dividends and other distributions declared,
made or paid following Admission and will be issued as fully paid.
Application will be made for the New Ordinary Shares to be admitted
to the Standard Segment of the Official List and to the London
Stock Exchange's main market for listed securities. Admission is
expected to take place on 21 June 2019.
Total Voting Rights
Following the issue of the New Ordinary Shares, the Company will
have 51,852,822 Ordinary Shares in issue.
*Ends*
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation EU 596/2014
('MAR').
For more information:
Fragrant Prosperity Holdings Ltd.
Robin Rice
Simon Retter +44 (0) 20 3137 1902
Optiva Securities Ltd (Financial Adviser)
Jeremy King
Vishal Balasingham +44 (0) 20 3137 1902
This information is provided by RNS, the news service of the
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END
IOELIFITRRIDLIA
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June 17, 2019 04:07 ET (08:07 GMT)
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