88E8 Nov 2018 07:11
Ohhhhh here's that nasty word again .....PLACING
today announces that it proposes to raise up to £5.9 million (before expenses) pursuant to a conditional placing of up to 593,592,274 new ordinary shares of no par value in the Company (or, as the case may be, depository interests representing such ordinary shares) (the "Placing Shares") at a price of £0.01 per Placing Share (the "Placing Price"), (together, the "Placing"), which is the price at which shares were issued pursuant to the Rights Issue (as defined below).