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Spread: 1.80 (3.051%)
Market Cap: £69.63m
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Distribution of Rump proceeds

15 May 2026 12:42

RNS Number : 5715E
Geiger Counter Ltd
15 May 2026
 

 

Geiger Counter Limited (or the "Company")

15 May 2026

 

Exercise of outstanding Subscription Share Rights & Distribution of Rump proceeds

 

Further to the announcement on 7 May 2026 with regards to the exercise of the outstanding Subscription Rights (the "Rump") and the placing of the ordinary shares of no par value ("Ordinary Shares") that arose from the exercise of the Rump, the Company announces that proceeds of this placing, net of costs (the "Net Proceeds"), of 32.8 pence per share will be returned to those shareholders who did not exercise their rights ("Non-Subscribing Shareholders") by the Subscription Trustee as per the terms of the Subscription Rights.

Only Net Proceeds payments of £5 or more shall be made to Non-Subscribing Shareholders, with payments expected to take place on or around 28 May 2026.

For further information, please contact:

 

 

Enquiries

 

Manulife | CQS Investment Management 

Craig Cleland

T: +44 (0) 20 7201 5368

Cavendish Capital Markets Limited

Tunga Chigovanyika

 (Corporate Finance)

T: +44 (0) 20 7397 1915

Daniel Balabanoff / Pauline Tribe (Sales)

T: +44 (0) 20 7220 0500

Summit Fund Services Jersey Limited

Christopher Foulds

T: +44 (0) 1534 825 259

 

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