RE: Gfin9 Aug 2023 13:47
Just to correct that last post by Lostmoney…
The RNS states-
The directors are not participating in the Subscription.
The RNS goes on to state-
David Halley, a proposed director, has participated in the Subscription by subscribing for 66,666,667 New Ordinary Shares, representing 1.96% in the Company's Enlarged Share Capital on Admission.
Robert Keith (a shareholder) is subscribing for 333,333,333 Subscription Shares pursuant to the Subscription. Robert Keith is currently interested in 12.02% of the Company's Ordinary Shares held by him directly and indirectly.
So two currently non directors are taking 13.33% of the raise and NOT 67% as stated by Lostmoney…