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Director Subscription

14 May 2018 15:11

RNS Number : 0158O
Legendary Investments PLC
14 May 2018
 

14 May 2018

Legendary Investments PLC("Legendary" or the "Company")

Director Subscription

Further to its previous announcement of 14 May 2018, Legendary is pleased to confirm that Zafar Karim, Executive Chairman of the Company, has now subscribed for a total of 100,000,000 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.1p per share.

 

Accordingly, the Company confirms that dealings in 550,000,000 new Ordinary Shares will commence on or around 8:00a.m. on 17 May 2018 following which there will be 3,842,912,755 Ordinary Shares in issue.

 

- ENDS -

Legendary Investments PLC

Zafar Karim / Thomas Reuner

 

020 8201 3536

Nominated Adviser

Grant Thornton UK LLP

Broker

Colin Aaronson / Harrison Clarke

020 7383 5100

S.P. Angel Corporate Finance LLP

 

Richard Parlons / Richard Morrison

020 3470 0504

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 

About Legendary Investments PLC

Legendary Investments PLC focuses on assisting companies and making investments in which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary takes stakes in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.

www.leginvest.com 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Full name of person Dealing

Zafar Karim

2.

Reason for notification

(a)

Position/status

Executive Chairman

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name of entity

Legendary Investments PLC

(b)

LEI

213800UXR58OZUHUD663

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the financial instrument, type of instrument

Ordinary Shares of 0.1 pence each

(b)

Identification code

GB0001514032

(c)

Nature of the transaction

Participation in the Fundraising

(d)

Price(s) and volume(s)

Prices(s)

Volume(s)

0.1 pence

100,000,000

(e)

Aggregated information:

- Aggregated volume

- Price

Single transaction as in 4(d) above

Prices(s)

Volume(s)

0.1 pence

100,000,000

(f)

Date of transaction

14 May 2018

(g)

Place of transaction

Outside a trading venue

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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