Last checked at 1 Jun 2022 15:07
This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. On publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain.
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar" or the "Company")
Placing and Total Voting Rights
Placing
Trafalgar is pleased to announce that it has raised approximately £400,000 through the issue of 133,333,333 new ordinary shares ("Placing Shares") at a price of 0.3p per share (the "Placing"). The Placing was done by the Company's broker, Peterhouse Capital Limited.
The funds raised will provide the Company with additional working capital.
Application will be made for admission of the Placing Shares to trading on AIM ("Admission"). It is expected that Admission will occur on or around 10 June 2022.
Total Voting Rights
On Admission the Company's issued share capital will consist of 275,852,371 ordinary shares of 0.1p each, with one voting right each. The Company does not hold any shares in treasury. Therefore the total number of ordinary shares and voting rights in the Company will be 275,852,371. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
Trafalgar Property Group Plc James Dubois
| +44 (0) 1732 700 000 |
Spark Advisory Partners Ltd -AIM Nominated Adviser Matt Davis
| +44 (0) 20 3368 3550 |
Peterhouse Capital Limited - Broker Duncan Vasey/Lucy Williams
| +44 (0) 20 7409 0930
|