Hidden away at the bottom of the RNS13 Dec 2023 19:29
The Directors do not currently have authority to issue the Placing Shares, the Retail Offer Shares and the Subscription Shares and, accordingly, the Board is seeking the approval of Shareholders to issue the Placing Shares, the Retail Offer Shares and the Subscription Shares at the General Meeting. In addition, the Directors propose to seek additional authority to allot further Shares in the future to provide flexibility and to allow the Company some ability to take advantage of opportunities which may present themselves in the future