Less Ads, More Data, More Tools Register for FREE

Pin to quick picksReabold Resources Regulatory News (RBD)

Share Price Information for Reabold Resources (RBD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0725
Bid: 0.07
Ask: 0.075
Change: 0.005 (7.41%)
Spread: 0.005 (7.143%)
Open: 0.0675
High: 0.0775
Low: 0.0675
Prev. Close: 0.0675
RBD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Placing Disposal Appointment

30 Nov 2006 11:25

Adventis Group PLC30 November 2006 For immediate release 30TH November 2006 ADVENTIS GROUP PLC ("Adventis" or the "Company") Placing of new Ordinary Shares, Disposal of Treasury Shares and Appointment of Adviser Adventis Group plc (ATG.L), the AIM-listed full service marketing andadvertising services group, is pleased to announce a placing of 3,266,800 newOrdinary Shares of 0.25p per share at a price of 31.5 pence per new OrdinaryShare (the "Placing"), with Oceanwood Global Opportunities Master Fund, MorganStanley and an existing investor. The new Ordinary Shares issued pursuant to thePlacing have been placed at a discount of 4.5 per cent to the closing middlemarket price of an Adventis share on 29 November 2006, the business dayimmediately preceding this announcement, and have been issued subject only toadmission of the new shares to trading on AIM ("Admission") becoming effective.In addition, the Company has sold 325,000 ordinary shares of 0.25p each at 31.5pence per share (the "Disposal") which the Company bought in the market inJanuary 2006 and subsequently held as treasury shares. Together the Placing andthe Disposal will raise approximately £1.13 million, before expenses. The netproceeds will be used to strengthen further the Company's balance sheet and tofund the group's continuing acquisition programme. Application has been made for the 3,266,800 new Ordinary Shares to be admittedto trading on AIM and Admission and dealings are expected to commence onWednesday December 6th 2006. Following the Placing and the Disposal, the Company will hold no treasury sharesand will have 38,283,646 ordinary shares in issue. Adventis has also received notification that on November 30th 2006 SigmaTechnology Investments Limited ("STIL") sold 1,052,632 shares, representing 2.75per cent of the Company's enlarged issued capital, at 31.5p per share. NeilCrabb, a non executive director of Adventis, is deemed to be beneficiallyinterested in such shares as he is a substantial shareholder in, and directorof, the parent company of STIL, Sigma Capital Group plc ("Sigma"). These shareswere originally issued to Sigma as part of its role in assisting the Companyprior to flotation. Mr Crabb has separately today purchased 275,000 shares in the Company,representing 0.72 per cent of the Company's enlarged issued capital, in his ownname at a price of 31.5p per share, which represents his entire beneficialholding. The Company is pleased to announce that it has appointed Arbuthnot SecuritiesLimited as its Nominated Adviser and Broker with immediate effect. Charles Phillpot, Chief Executive of Adventis Group commented: "We are delighted to see this expansion in our investor base and are excited bythese new investors' endorsement of the Group's future prospects which enhancesour strong financial position. The placing puts Adventis on a strongerfinancial base from which to move forward and continue our successful programmeof eps enhancing acquisitions." ENDS For further information, please contact: Adventis Group plcCharles Phillpot, Chief Executive Tel: 020 7034 4750 www.adventis.co.uk Arbuthnot Securities Ltd Tom Griffiths Tel: 020 7012 2000 Adventis Financial PRPeter Binns Tel: 020 7034 4760 / 07768 392 582Chris Steele Tel: 020 7034 4759 / 07979 604 687 Editors' note: Oceanwood Capital Management LLP has invested on behalf of Oceanwood GlobalOpportunities Master Fund. It is an international investment group with officesin London and Boston. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
15th Apr 20207:00 amRNSCommencement of Activity at West Newton B Site
13th Mar 20207:00 amRNSUpdate on Market Volatility
26th Feb 20207:00 amRNSUpdate on California Operations
20th Feb 20207:00 amRNSUpdate on West Newton Activity Programme
20th Feb 20207:00 amRNSUpdate on West Newton Activity Programme
4th Feb 20204:28 pmRNSHolding(s) in Company
6th Jan 20207:00 amRNSReabold California - VG-6 Update
23rd Dec 20197:00 amRNSRomania Update
18th Dec 20197:00 amRNSWest Newton Project Update
10th Dec 20197:00 amRNSDrilling Operations Commence at VG-6
2nd Dec 20197:00 amRNSExercise of Danube Options
27th Nov 20191:36 pmRNSHolding(s) in Company
22nd Nov 20197:00 amRNSHolding(s) in Company
22nd Nov 20197:00 amRNSSubscription for new shares in Danube Petroleum
22nd Nov 20197:00 amRNSParticipation in Corallian Fundraise
18th Nov 20195:13 pmRNSDirectors' Dealings
11th Nov 20194:47 pmRNSHolding(s) in Company
11th Nov 20197:00 amRNSUpgraded Potential Volumes - West Newton
6th Nov 201910:00 amRNSUpdate on West Newton
5th Nov 20197:00 amRNSCompletion of Rathlin Cash Investment
1st Nov 20197:00 amRNSAppointment of Joint Broker
31st Oct 20195:14 pmRNSHolding(s) in Company
30th Oct 20197:00 amRNSHolding(s) in Company
28th Oct 20192:00 pmRNSResults of General Meeting
28th Oct 20197:00 amRNSUpdate on Proposed Equity Swap and Placing
22nd Oct 20193:16 pmRNSNotification of major holdings
22nd Oct 20193:15 pmRNSNotification of major holdings
10th Oct 20192:45 pmRNSPosting of Circular and Notice of General Meeting
9th Oct 20197:00 amRNSResults of Placing
8th Oct 20194:45 pmRNSProposed Placing to Raise £24 million
7th Oct 20193:45 pmRNSStatement re: Proposed Placing & Investments
4th Oct 201910:04 amRNSStatement re Potential Fundraising
2nd Oct 20197:00 amRNSCompletion of Increased Investment into Danube
27th Sep 201911:00 amRNSUnaudited Interim Results
26th Sep 20197:00 amRNSWest Brentwood Reserves Update
23rd Sep 20197:00 amRNSReabold California Operational Update
16th Sep 20198:56 amRNSIncreased Investment into Danube Petroleum
9th Sep 20197:00 amRNSSuccessful Appraisal Well at Parta Licence Romania
29th Aug 20197:00 amRNSOperational Update at West Newton, onshore UK
27th Aug 201911:15 amRNSCapital Reduction Update
27th Aug 20197:00 amRNSRomania Operational Update
22nd Aug 20197:00 amRNSIncreased Investment in Rathlin Energy
12th Aug 201910:04 amRNSOperational Update at West Newton, onshore UK
7th Aug 20197:00 amRNSSpudding of the Iecea Mica-1 Well, Parta, Romania
6th Aug 20197:00 amRNSCapital Reduction Update
31st Jul 20197:00 amRNSCorallian Energy Limited Update
30th Jul 20191:54 pmRNSResult of Annual General Meeting
29th Jul 20197:00 amRNSOperational Update
17th Jul 20197:00 amRNSCompletion of Parta Exploration Licence Farm-In
12th Jul 20192:23 pmRNSHolding(s) in Company

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.