Placing

RNS Number : 1953U

Stranger Holdings PLC

16 January 2017

 

Stranger Holdings plc / Index: LSE / Epic: STHP / Sector: Investment

16 January 2017

Stranger Holdings plc ('Stranger' or 'the Company')

Placing

Stranger Holdings plc is pleased to announce that it has raised a further £110,000 through a placing of 11,000,000 new ordinary shares of £0.001 each in the Company (the 'Placing') at a price of 1p per Placing Share.

The proceeds of the Placing, amounting to £110,000, will be added to the £847,700 raised prior to the admission of the Company last week to the Official List of the UKLA and to trading on London Stock Exchange plc's main market for listed securities.

The Placing Shares will rank pari passu in all respects with the existing ordinary shares of £0.001 each

in the Company ('Ordinary Shares') and the admission of the Placing Shares are expected to take place on 18 January 2017.

Following the issue and allotment of the Placing Shares, the Company's enlarged issued ordinary share capital will comprise 145,770,000 Ordinary Shares. 

This figure of 145,770,000 Ordinary Shares 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 in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 **ENDS**

For further information visit www.strangerholdingsplc.com or contact the following: 

Stranger Holdings plc
James Longley	Stranger Holdings plc	[e-mail]
Financial Adviser
Jon Isaacs	Alfred Henry Corporate Finance Limited	[phone]
Financial PR
Elisabeth Cowell / Charlotte Page	St Brides Partners Ltd	Tel: [phone]

 

END

 

 

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