Red Leopard Holdings Regulatory News (RLH)

16 June 2017

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Subscription

Subscription

The Company, focused on securing acquisition opportunities in the natural resources sector, is pleased to announce that it has raised £300,000 (before expenses) from new investors (the "Subscribers"), by way of a subscription of 100,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.3 pence per share (the "Subscription Price").

The net proceeds from the Subscription have been raised to assist in meeting the costs associated with pursuing acquisitions in accordance with the Company's current strategy.

Commenting, Toby Hayward CEO said "I am pleased we are able to strengthen our balance sheet to ensure we have sufficient resources to cover costs associated with a possible RTO. We will update shareholders on any possible acquisition at the appropriate time."   

Total voting rights

Application will be made for the 100,000,000 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to commence on 23 June 2017. The new Ordinary Shares will, when issued, rank pari passu in all respects with the existing issued shares of the Company. Following admission of the new Ordinary Shares, the Company will have 1,253,779,061 Ordinary Shares of 0.1p, with voting rights, in issue (the "Enlarged Issued Share Capital").

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. 

Special note concerning the Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"). Market soundings, as defined in MAR, were taken in respect of the Subscription, with the result that certain persons became aware of inside information, as permitted by MAR. That inside information is set out in this announcement. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Company and its securities.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.