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Pin to quick picksGeiger Counter Regulatory News (GCL)

Share Price Information for Geiger Counter (GCL)

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Share Price: 52.50
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Change: -0.60 (-1.11%)
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Geiger Counter is an Investment Trust

To deliver attractive returns to shareholders principally in the form of capital growth, through investment in companies involved in the exploration, development and production of uranium to supply the nuclear power industry.

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Issue of Ordinary shares

13 Jun 2022 12:00

RNS Number : 6630O
Geiger Counter Ltd
13 June 2022
 

 10 June 2022

GEIGER COUNTER LIMITED (THE "COMPANY")

Issue of Ordinary Shares

The Company announces that, conditional only on Admission becoming effective, it has allotted, by way of a new issue in response to market demand 1,000,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 54 pence per share, a premium to the Company's net asset value. The New Shares will rank pari passu with the existing ordinary shares.

Applications will be made for the New Shares to be admitted to The International Stock Exchange's Listing and to trading on the London Stock Exchange's SETSqx platform ("Admission"). Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 17 June 2022.

Following the issue of the New Shares, the Company's issued share capital will consist of 136,809,153 ordinary shares, none of which are held in treasury.

Enquiries

CQS (UK) LLP

Craig Cleland

T: +44 (0) 20 7201 5368

finnCap Limited

William Marle/Milesh Hindocha

T: +44 (0) 20 7220 0500

R&H Fund Services (Jersey) Limited

Jane De Barros-Sousa

T :+44 (0) 1534 825 259

Important Information

The information contained in this announcement does not constitute an offer of securities for sale in any jurisdiction.

 

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