News29 Sep 2020 16:35
Outlook: The Company is currently focused on completing the due diligence exercise, and various technical, legal and accounting workstreams in respect of the Proposed Transaction which will culminate in the publication of an Admission Document and formal notice of a shareholder meeting to, inter alia, approve the Proposed Transaction. Concurrently, the Company is undertaking the proposed placing announced on 27 July 2020 to fund the initial cash consideration and the enlarged group's planned initial two year work programme with Peterhouse Capital Limited, the Company's Broker, acting as bookrunner. The Board currently anticipates that it will be in a position to publish the Admission Document and a formal notice of Annual General Meeting, in the coming weeks.