RE: TR1's or other RNS's22 Oct 2020 18:17
Parsley, perhaps you are not familiar with placing transactions, but your comments, put simply are wrong.
"The Company has placed, in aggregate, 45,714,285 Placing Shares at the Issue Price of 175 pence per share with existing and new institutional and other shareholders." and from the same RNS dated 16th October "The Placing, which was significantly oversubscribed, is being undertaken in two tranches, "
It is also worth noting that the placing WAS NOT underwritten. Very positive indeed.
The share price will "free float" again once shareholders have approved the necessary resolutions on 4th November.