VOR Vordere Plc

TIDMVOR

RNS Number : 7510K

Vordere PLC

11 July 2017

11 JULY 2017

VORDERE PLC

("Vordere" or the "Company)

COMPLETION OF ACQUISITION AND ALLOTMENT OF CONSIDERATION SHARES

Following the Company's previous announcements relating to its proposed acquisition of four properties in Germany (the "Acquisition"), which constitutes a reverse takeover under the Listing Rules, the Company is pleased to announce that it will complete the fourth Acquisition, subject to the admission of the Consideration Shares, as defined below, to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.

The consideration for the fourth Acquisition is for a total of 54,751,950 ordinary shares of nominal value GBP0.02 in the capital of the Company and have been allotted at a price of GBP0.17 per share (the "Consideration Shares").

Application for the Consideration Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities will be made shortly and dealings are expected to commence on or around 12 July 2017.

For further information please contact the Company at:

Vordere plc

3rd Floor

11-12 St James's Square

London, SW1Y 4LB

www.vordere.com

Enquiries:

 
                                    +44 (0)20 3755 
 Vordere PLC                                  5561 
 Keith Lassman of Howard Kennedy    +44 (0)20 3755 
  LLP (the Company's lawyers)                 5561 
 Peterhouse Corporate Finance 
  Limited                          +44 (0) 20 7220 
  Lucy Williams / Duncan Vasey                9797 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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