Geiger Counter Ltd : Issue of Ordinary Shares 17 July 2018

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
46
Geiger Counter Ltd : Issue of Ordinary Shares

17 July 2018

GEIGER COUNTER LIMITED
(THE "COMPANY")

Issue of Ordinary Shares

The Company announces that, conditional only on Admission becoming effective, it has allotted, by way of a new issue in response to market demand, 250,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 21.3p per share, a premium to the Company's net asset value. The New Shares will rank pari passu with the existing ordinary shares.

Applications have been made for the New Shares to be admitted to The International Stock Exchange's Listing and to trading on the London Stock Exchange's SETSqx platform ("Admission"). Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 23rd July 2018.

Following the issue of the New Shares, the Company's issued share capital will consist of 80,794,492 ordinary shares and 37,792,223 subscription shares, none of which are held in treasury.

Enquiries

CQS (UK) LLP Craig Cleland T: +44 (0) 20 7201 5368
Cantor Fitzgerald Europe Sue Inglis T: +44 (0) 20 7894 8016
R&H Fund Services (Jersey) Limited Lisa Neil T :+44 (0) 1534 825 336

Important Information
The information contained in this announcement does not constitute an offer of securities for sale in any jurisdiction.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Digital Ad Network Expansion: Context Networks Leads Change

Updated Category News Views 125

Transforming Advertising in Local Venues Context Networks, Inc. has embarked on an exciting journey to enhance advertising possibilities in local taverns and restaurants. The company, known for its pioneering approach in programmatic advertising for the gaming industry, is expanding its digital advertising network through a collaboration with River City Amusements. This...

Continue Reading
Prime Pensions Expands Horizons with Acquisition of Raymond

Updated Category News Views 145

Prime Pensions Expands into New Markets Prime Pensions, Inc. (PPI), a reputable retirement plan administration provider, is making significant strides by acquiring The Raymond Company Pension Services LLC. This move signals a strategic entry into new territories, particularly in the Southwest, which expands PPI’s already impressive footprint. About The Acquisition The...

Continue Reading
Data Storage Corporation Announces Upcoming Q1 2025 Call Details

Updated Category News Views 133

Data Storage Corporation Sets Date for Q1 2025 Business Conference Data Storage Corporation (Nasdaq: DTST) is gearing up for its highly anticipated conference call, set to take place on a Thursday at 11:00 a.m. Eastern Time. This call, scheduled for mid-May, will focus on the company’s progress and its financial performance for the first quarter of the year. Details of...

Continue Reading
VAALCO Energy Celebrates Record 2024 Production Milestones

Updated Category News Views 126

VAALCO Energy Reports Impressive Production Numbers for 2024 VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) has made significant strides in bolstering its production and sales volumes for the year 2024. The company has recently highlighted its operational accomplishments, showcasing robust performance metrics that attest to its growth trajectory. Key Production Insights For...

Continue Reading
Alibaba's $53 Billion Investment Revolutionizes AI Landscape

Updated Category News Views 277

Alibaba Group Holdings Makes a Bold Move in AI Investment Alibaba Group Holding Ltd. (NYSE: BABA) has made headlines with its monumental decision to invest 380 billion yuan, which is roughly $53 billion, into its cloud computing and artificial intelligence (AI) infrastructure. This strategic investment is heralded as the largest private computing project ever undertaken...

Continue Reading