Additional Placing Announcement

RNS Number : 4594T

Michelmersh Brick Holdings PLC

19 November 2013

 



Michelmersh Brick Holdings PLC ("MBH" or the "Company")

Additional Placing

Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick manufacturer and landfill company, announces that following the announcement earlier today of the placing of 22,222,222 Ordinary Shares, the Company has placed an additional 322,286 Ordinary Shares with a major shareholder (the "Additional Placing Shares"). The Ordinary Shares were placed at the Placing Price of 45 pence per share.

The Additional Placing Shares will be issued pursuant to authorities being sought by the Company at its General Meeting on 16 December 2013 and the additional placing is therefore conditional on the approval of such authorities. Application has been made for the Additional Placing Shares to be admitted to trading on AIM and dealings are expected to commence on 17 December 2013.

19 November 2013

Enquiries

Michelmersh Brick Holdings Martin Warner, CEO Stephen Morgan, Finance Director	01442 870227
Cenkos Securities plc Bobbie Hilliam (NOMAD) Alex Aylen (Sales)	020 7397 8900
Tavistock Communications Jeremy Carey/Faye Walters	020 7920 3150

Defined terms within this announcement have the same meanings as those within the circular issued by the Company, and sent to Shareholders, today.

 

END

 

 

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