23 November 2015
GB00BYPBC438
Via Developments PLC
("Via" or "the Company")
Additional placing £103,914 Debenture Stock
Via Developments Pc, is pleased to announce that it has raised an additional £103,914, subject to admission to ISDX Growth Market, 7 per cent. Debenture Stock due 2020, of £1.00 per unit nominal value (the "Placing Price") to raise gross proceeds of £103,914.
The proceeds of the placing will be used to provide the company with additional working capital. Net proceed to be received by the Company are £102,875.
The £103,914 New Debenture Stock will be admitted to trading on ISDX Growth Market under the ticker symbol VIA1 on 23 November 2015.
Following the Placing, the issued Debenture Stock of the Company will increase to 633,914 Debenture Stock at par value £1.00. This figure may be used by Debenture Stockholder 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 debenture stock capital of the Company under the Disclosure and Transparency Rules.
Neither this announcement nor the information contained herein constitutes an offer or solicitation by Via Developments Plc for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful.
The directors of Via Developments Plc accept responsibility for this announcement.
COMPANY CONTACT DETAILS:
Via Developments Plc
24 Queen Street
Manchester
M2 5HX
Telephone: +44 161 850 2633
http://www.vdplc.com/
ISDX CORPORATE ADVISER:
Alexander David Securities Limited
David Scott -Corporate Finance
James Dewhurst - Institutional Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street, London EC4N 4SA
