Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDoriemus Regulatory News (DOR)

  • There is currently no data for DOR

Issue of Equity

4 Oct 2013 07:00

DORIEMUS PLC - Issue of Equity

DORIEMUS PLC - Issue of Equity

PR Newswire

London, October 3

4 October 2013 Doriemus plc (the "Company") Completion of Placing Doriemus Plc is pleased to announce that the Company has raised £200,000through the subscription for 500,000,000 new ordinary shares of 0.001 penceeach in the Company (the "Subscription Shares") at a price of 0.04 pence perSubscription Share (the "Subscription Price") by existing shareholders and newinvestors (the "Subscription"). The Subscription is conditional only uponadmission of the Subscription Shares to trading on AIM ("Admission") and hasbeen carried out within the Company's share authorities. Furthermore, eachSubscription Share carries a warrant which entitles the holder to subscribe forone new ordinary share in the Company at 0.04 pence per share up to 30September 2014. The net proceeds of the Subscription will strengthen the Company's balancesheet and provide working capital for the Company to investigate acquisitionand investment opportunities in accordance with the Company's investing policy. SL Investment Management Limited, a substantial shareholder of the Company, hasagreed to subscribe for 120,000,000 Subscription Shares. Following Admission,SL Investment Management Limited will be beneficially interested in a total of828,032,798 ordinary shares, equivalent to 23.93% of the enlarged issued sharecapital of the Company. The participation in the Subscription by SL Investment Management Limited is arelated party transaction as defined by the AIM Rules due to the size of itsshareholding. The Directors of the Company, having consulted with SanlamSecurities UK Limited, the Company's Nominated Adviser, consider that SLInvestment Management Limited's participations in the Subscription is fair andreasonable insofar as shareholders are concerned. The Subscription Shares will represent 14.45% of the enlarged issued sharecapital of the Company. Application has been made for the Subscription Shares to be admitted to tradingon AIM and it is anticipated that Admission will occur on 10 October 2013. Following Admission, the Company's enlarged issued share capital will comprise3,459,999,998 ordinary shares. The Company does not hold any shares intreasury. This figure of 3,459,999,998 ordinary shares may be used byshareholders in the Company as the denominator for the calculations by whichthey will determine if they are required to notify their interest in, or achange in their interest in, the share capital of the Company under the FCA'sDisclosure and Transparency Rules. For further information please contact: Doriemus plcDonald Strang +44 (0) 207 440 0640Hamish Harris Sanlam Securities UK LimitedSimon Clements/Virginia Bull +44 (0) 207 628 2200
Date   Source Headline
21st Jul 20147:00 amPRNUpdate - Horse Hill
18th Jul 20144:22 pmPRNProposed TEP Disposal and Notice of AGM
2nd Jul 20142:00 pmPRNLidsey Oil Field Update
27th Jun 20147:00 amPRNFinal Results
27th Jun 20147:00 amPRNHorse Hill Development Website
16th Jun 20145:41 pmPRNExercise of Warrants and Issue of Equity
16th Jun 20147:00 amPRNUpdate on the Horse Hill - 1 Well
11th Jun 20147:00 amPRNUpdate on investment in Lidsey Oil Field
4th Jun 20147:00 amPRNChange of Adviser
30th May 20143:48 pmRNSTotal Voting Rights
16th May 201410:00 amPRNUpdate on UK onshore oil investments
2nd May 20145:12 pmPRNIssue of Equity
25th Apr 20147:00 amPRNUpdate - Brockham Oil Field, Weald Basin UK
1st Apr 20147:00 amPRNBrockham Update
4th Mar 20147:00 amPRNHorse Hill Oil Field Update
3rd Mar 201411:40 amPRNIncreased Interest in Horse Hill Oil Field
28th Feb 20141:52 pmPRNIndependent Report, Brockham Oil Field, UK
7th Feb 20147:00 amPRNLidsey and Brockham CPR's
31st Jan 201412:08 pmPRNTotal Voting Rights
23rd Jan 201412:55 pmPRNBrockham Oil Field Update
13th Jan 20147:00 amPRNHorse Hill Oil Field Farm-in
16th Dec 20132:16 pmPRNLidsey Production Update
11th Dec 20137:00 amPRNFunding
9th Dec 201311:10 amPRNLidsey Oilfield Update
6th Dec 20137:00 amPRNBrockham Oil Field Update
3rd Dec 20137:00 amPRNBrockham Oil Field Investment
25th Nov 201311:21 amPRNLidsey Oilfield Update
15th Nov 20137:00 amPRNBoard Reorganisation and Grant of Options
14th Nov 20131:57 pmRNSIncreased participation in Lidsey Oilfield
12th Nov 201311:39 amPRNLidsey Oilfield Update
7th Nov 201311:47 amPRNLidsey Oilfield Update
4th Nov 201311:23 amPRNFurther re Notice of General Meeting
4th Nov 20139:04 amPRNNotice of General Meeting
1st Nov 20137:00 amPRNPlacing
31st Oct 201310:52 amPRNLidsey Oilfield Update
22nd Oct 201311:48 amPRNLidsey Oilfield Update
18th Oct 20131:42 pmPRNFarm-in investment
10th Oct 20137:00 amPRNDirectorate Change
4th Oct 20137:00 amPRNIssue of Equity
11th Sep 20137:00 amPRNInterim Results
16th Jul 20133:11 pmPRNChange of Name, Registered Office and Website
4th Jul 20131:35 pmPRNResult of AGM
11th Jun 201311:51 amPRNPosting of Accounts and Notice of AGM
10th Jun 201310:20 amPRNFinal Results
28th Mar 20133:14 pmPRNTotal Voting Rights
19th Mar 20137:00 amPRNAdviser Change of Name
15th Mar 201311:32 amPRNResult of General Meeting
21st Feb 20139:50 amPRNSubscription, New Investing Policy and Notice of EGM
18th Jan 20137:00 amPRNParent Company’s Interim Financial Statements
9th Nov 20129:17 amPRNDividend Timetable

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.