Rns...24 Sep 2013 15:20
24 September 2013
Winlogic PLC
("WIN" or the "Company")
Successful GBP1,000,000 fundraise
Further to the placing of GBP1,000,000 which was announced on 30 July
2013, Winlogic PLC is delighted to announce that it has raised a further
GBP1,000,000 (before expenses) by way of a placing of 500,000 new
ordinary shares of 5 pence each, at a placing price of 200 pence
("Placing Price") per new ordinary share (the "Placing"). The Placing
Price represents a premium of 100 per cent on the closing price on 23
September 2013.
The proceeds of the Placing will be used to support the implementation
of the casino operation.
The 500,000 new ordinary shares will be admitted to trading on GXG Main
Quote today, 24 September 2013.
Following the Placing, the issued share capital of the Company will
increase to 11,750,000 ordinary shares of 5 pence each. This figure may
be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company under
the Disclosure and Transparency Rules.
The following parties have an interest of more than 3% in the shares of
the Company:
Number of shares Percentage holding
Ippan Shadan Hojin R&R 9,970,000 84.851%
Eightex Investment Inc. 1,000,000 8.511%
SHSF Inc. 500,000 4.255%
The directors of Winlogic PLC accept responsibility for this
announcement.
CORPORATE ADVISER AND CONTACT DETAILS:
Alexander David Securities Limited
David Scott
Telephone: +44 (0) 20 7448 9800
45 Moorfields, London, EC2Y 9AE
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and