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Close of accelerated bookbuild

15 Jan 2018 11:59

RNS Number : 8974B
React Group PLC
15 January 2018
 

 

Not for publication, distribution or release directly or indirectly, in whole or in part, into or in the United States, Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction in which offers for sale would be prohibited by applicable law.

 

This announcement is not an offer to sell or a solicitation to buy securities in any jurisdiction, including the United States, Australia, Canada, Japan or the Republic of South Africa. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

 

React Group Plc

 

15 January 2018

 

Close of accelerated bookbuild ("React" or the "Company")

 

React is pleased to announce that, further to the announcement issued this morning, entitled "Proposed secondary placing of ordinary shares in React Group Plc", the accelerated book build has now closed and has been successful. 93,452,380 ordinary shares of 0.25p each, representing 33.93% of the issued share capital of the Company, have been placed with institutions and private clients at a price per share of 0.45 pence.

 

There is no change to the number of shares in issue, which remains 275,407,753.

 

Enquiries:

 

REACT Group plc

Gill Leates, Chairman

 

007799 662642

SPARK Advisory Partners Limited (NOMAD)

Neil Baldwin

Mark Brady

 

0113 370 8974

Whitman Howard Limited (Broker)

Nick Lovering

020 7659 1234

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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