New shares20 Apr 2021 16:32
From the latest RNS
Kistos is pleased to announce the results of the Equity Financing announced earlier today (the "Launch Announcement") in connection with the proposed acquisition of the entire issued and outstanding share capital of Tulip Oil Netherlands B.V..
The Company has conditionally raised gross proceeds of £52.5 million through the issue of 33,870,968 New Ordinary Shares at 155 pence per share, pursuant to the Equity Financing, comprising:
· the Placing, which has conditionally raised gross proceeds of £48.83 million through the issue of 31,502,051 Placing Shares at the Issue Price;
· the Subscription, which has conditionally raised gross proceeds of £2.58 million through the issue of 1,664,516 Subscription Shares at the Issue Price; and
· the PrimaryBid Offer, which has conditionally raised £1.09 million through the issue of 704,401 PrimaryBid Shares at the Issue Price.
So I get who has bought via the Primary Bid (me included), but I'm a bit confused about the placing and the subscription shares, who and how would I have bought these ? Excuse my ignorance on these matters.