RE: Just shareprice20 Mar 2019 12:30
The Placing Price of 80 pence each represents a discount of 6.7% to the middle market price at the time at which Just and Barclays and Numis agreed the Placing Price.
When issued, the Placing Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 10 pence each in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the Placing Shares.
Application will be made to the Financial Conduct Authority ("FCA") for admission of the Placing Shares to the premium listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the Placing Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at 8.00 a.m. on 18 March 2019 and that dealings in the Placing Shares on the LSE's main market for listed securities will commence at the same time.