2 Dec 2020 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR").
2 December 2020
All Active Asset Capital Limited
('AAA' or 'the Company')
Update on Placing
Further to its announcement on 19 November 2020 relating, inter alia, to splitting its placing for new ordinary shares to raise gross proceeds of £11.5 million, into two tranches, AAA announces that the Company and the placing agent to the Placing, Oberon Capital, have agreed that Second Admission of 81,250,000 Second Tranche Shares to trading on AIM is to take place at 8.00 a.m. on 3 December 2020. Application has been made to the London Stock Exchange for Second Admission to occur on 3 December 2020.
Further to the announcement of 19 November 2020, the Board confirms that the brokers participating in the Placing are in funds.
Further announcements will be made in relation to the above matters in due course.
Capitalised terms in this announcement shall have the meanings given to such terms in the announcement issued by the Company dated 19 November 2020 unless otherwise defined herein.
For further information:
All Active Asset Capital Limited
James Normand, Non-Executive Chairman
Rodger Sargent, Executive Director
www.aaacap.com
Allenby Capital Limited (Nominated Adviser and Broker)
Alex Brearley / Nick Athanas
T: +44 (0) 203 328 5656
www.allenbycapital.com
Oberon Capital (Placing Agent)
Mike Seabrook
T: +44(0) 203 179 5300
www.oberoninvestments.com
Buchanan (Financial PR)
Richard Oldworth / Chris Lane / Toto Berger
T: +44 (0) 207 466 5000
E: AAAC@buchanan.uk.com