RE: In the RNS it’s very clear10 May 2024 11:59
The Firm Placing Shares and the Conditional Placing Shares represent 97 per cent. of the issued ordinary share capital of the Company prior to the Fundraising. The Issue Price represents a discount of 57.1 per cent. to the closing price of 3.5 pence on 8 May 2024. Up to a further 233,333,333 REX Offer Shares may be issued pursuant to the REX Offer and up to a further 143,141,481 Open Offer Shares pursuant to the Open Offer