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Close of Accelerated Bookbuild

1 Dec 2017 09:26

RNS Number : 1251Y
7digital Group PLC
01 December 2017
 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN 7DIGITAL GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF 7DIGITAL GROUP PLC.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (596/2014/EU). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR, UPON THE PUBLICATION OF THIS ANNOUNCEMENT. THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

For immediate release

 

1 December 2017

 

 

 

7digital Group plc("7digital" or the "Company")

Close of Accelerated Bookbuild

 

The Company is pleased to announce that further to the announcement made earlier today, the Bookbuild has been successful and heavily oversubscribed so is now closed. Participants in the Placing will be contacted by Arden Partners to confirm their allocations. A further announcement will be made in due course confirming details of the Placing.

The issue of the Placing Shares is conditional, amongst other things, on the passing of the Resolutions at the General Meeting and the admission of the Placing Shares to trading on AIM.

Capitalised terms used in this Announcement shall have the meanings given to such terms in the Company's announcement this morning.

 

 

For further information please contact:

 

7digital

020 7099 7777

 

Simon Cole, Chief Executive

Matt Honey, Chief Financial Officer

Holly Ashmore, PR Manager

 

Arden Partners (nominated adviser, broker and bookrunner)

 

020 7614 5900

 

Chris Hardie/Ruari McGirr/Benjamin Cryer - Corporate Finance

Fraser Marshall - Corporate Broking

 

 

 

About 7digital (http://about.7digital.com)

 

 

 

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