16 Jan 2020 11:10
16 January 2020
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, 160,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 15.40p 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 21 January 2020.
Following the issue of the New Shares, the Company's issued share capital will consist of 84,426,611 ordinary shares and 37,420,104 subscription shares, none of which are held in treasury.
Enquiries
CQS (UK) LLP | Craig Cleland | T: +44 (0) 20 7201 5368 |
finnCap Limited | William Marle/Giles Rolls | T: +44 (0) 20 7220 0500 |
R&H Fund Services (Jersey) Limited | Jane De Barros-Sousa | T :+44 (0) 1534 825 259 |
Important Information
The information contained in this announcement does not constitute an offer of securities for sale in any jurisdiction.