Cambria Africa PLC First Close of Placing (3132B)
03 März 2014 - 8:02AM
UK Regulatory
TIDMCMB
RNS Number : 3132B
Cambria Africa PLC
03 March 2014
3 March 2014
Cambria Africa Plc
("Cambria" or the "Company")
First Close of Placing
Further to the announcement of 19 February 2014, Cambria
(AIM:CMB) is pleased to announce that following receipt of cleared
funds relating to the subscription by institutional and other
investors, 28,000,000 new ordinary shares of 0.01 pence in the
Company ('Shares') (the 'First Close Placing Shares') have today
been issued. Issue of the First Close Placing Shares has raised
gross proceeds of GBP2.10 million. Application has been made for
the First Close Placing Shares to be admitted to trading on AIM,
which is expected to occur on 4 March
Following issue of the First Close Placing Shares, the Company
will have a total of 94,749,023 ordinary shares in issue.
It is anticipated that the balance of the total number of the
Placing Shares referred to in the announcement of 19 February 2014,
being 4,406,139 Shares, will be issued following the second close
of the placing which will take place on or before 14 March.
The Company holds zero Shares in treasury. Therefore the total
number of Shares with voting rights is 94,749,023, which figure 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 FCA's Disclosure and
Transparency Rules.
Contacts
Cambria Africa Plc www.cambriaafrica.com
Ian Perkins +44 (0) 796 4908 951
Edzo Wisman +44 (0) 796 4908 950
WH Ireland Limited www.wh-ireland.co.uk
James Joyce / Nick Field +44 (0) 207 220 1666
Peterhouse Corporate Finance www.pcorpfin.com
Limited
Charles Goodfellow / Duncan Vasey +44 (0) 207 220 9791
- ends -
About Cambria Africa Plc
Cambria Africa Plc, quoted on the AIM market of the London Stock
Exchange, is a long term, active investment company, building a
portfolio of investments primarily in Southern Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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