Intuitive Investments Group plc Issue and Allotment of Ordinary Shares
08 April 2024 - 8:00AM
RNS Regulatory News
RNS Number : 5894J
Intuitive Investments Group plc
08 April 2024
8
April 2024
Intuitive Investments Group
plc
("IIG" or the
"Company")
Issue and Allotment of
Ordinary Shares
Intuitive Investments Group plc
(SFS: IIG), the closed-end investment company focussed on fast
growing and high potential opportunities in the Technology, Life
Sciences and Healthcare sectors, announces the issue and allotment
of 159,642 ordinary shares
of 10 pence each ("Ordinary
Shares"), fully
paid. These shares were issued for cash at a price of £1.566 per
share to raise £250,000 for the Company.
Application has been made for the
new Ordinary Shares, which will rank equally with the existing
Ordinary Shares of the Company, to be admitted to trading on
Specialist Fund Segment of the Main Market,
becoming effective in accordance with the admission and disclosure
standards of the London Stock Exchange. It is
expected that admission will become effective and dealings in the
new Ordinary Shares will commence at 8:00 a.m. on or around 9 April
2024 ("Admission").
Following Admission, the Company's
issued share capital will consist of 202,293,166 Ordinary Shares. Since the
Company currently holds no shares in treasury, the total number of
voting rights in the Company will be 202,293,166. Shareholders may use this figure as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Enquiries:
Intuitive Investments Group
plc
|
www.iigplc.com
|
Sir Nigel Rudd, Non-Executive
Chairman
Robert Naylor, CEO
Giles Willits, CIO
|
Via FTI Consulting
|
Cavendish Capital Markets
Limited
James King / William Talkington /
Daniel Balabanoff
|
+44 (0) 20 7397 8900
|
|
|
SP Angel Corporate Finance LLP -
Financial Adviser
|
+44 (0) 20
3470 0470
|
Jeff Keating / David Hignell / Kasia
Brzozowska
|
|
FTI Consulting
|
+44 (0) 20
3727 1000
|
Jamie Ricketts / Valerija Cymbal /
Jemima Gurney
|
IIG@fticonsulting.com
|
About Intuitive Investments Group plc
IIG is an investment company seeking
to provide investors with exposure to a portfolio concentrating on
fast growing and/or high potential Life Sciences and Technology
businesses operating predominantly in the UK, continental Europe,
the US and APAC, utilising the Board's experience to seek to
generate capital growth over the long term for
shareholders.
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