Last checked at 21 Oct 2015 13:52
NetScientific plc
("NetScientific" or the "Company")
Posting of Circular
21 October 2015
Further to the announcement made by the Company on 1 October 2015, NetScientific announces that a Circular has today been published and posted to shareholders in relation to the proposed placing to raise approximately £18.0 million (before expenses), the additional fundraising to raise up to approximately £2.0 million, the proposed waiver of Rule 9 of The City Code on Takeovers and Mergers, and the notice of General Meeting. The General Meeting is due to be held at Simmons & Simmons, 1 Ropemaker Street, London EC2Y 9HT at 9.00 a.m. on 6 November 2015.
A copy of the Circular will shortly be made available on the Company's website at the following URL: www.netscientific.net/investors/aim-rule-26.
Expected timetable of events
Latest time and date for receipt of completed Forms of Proxy to be valid at the General Meeting
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9.00 a.m. on 4 November 2015 | |
Additional Fundraising Close | 11.00 a.m. on 5 November 2015 | |
Admission and commencement of dealings in the New Ordinary Shares |
8.00 a.m. on 9 November 2015 | |
Placing Shares and Additional Fundraising Shares credited to CREST members' accounts (where applicable) |
9 November 2015 | |
Despatch of definitive share certificates for the New Ordinary Shares in certificated form (where appropriate)
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within 10 days of Admission | |
Application will be made to the London Stock Exchange for the Admission of the new ordinary shares to trading on AIM. It is expected that Admission will occur and that dealings will commence at 8.00 a.m. on 9 November 2015.
Contact Details
NetScientific plc |
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François R. Martelet, M.D., CEO | Tel: +44 (0)20 3514 1800 | |
Peter Thoms, CFO |
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Investec Bank plc (NOMAD, broker and joint bookrunner in connection with the placing) | Tel: +44 (0)20 7597 4000 | |
Gary Clarence / Daniel Adams |
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Liberum Capital Limited (joint bookrunner in connection with the placing) | Tel: +44 (0)20 3100 2000 | |
Christopher Britton |
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Instinctif Partners Melanie Toyne-Sewell / Jayne Crook / Rosanna Forrest | Tel: +44 (0)20 7457 2020 ornetscientific@instinctif.com | |