Vulcan Industries Plc - Equity Issue
PR Newswire
London, August 5
5 August 2021
Vulcan Industries plc
("Vulcan" or the "Company")
Equity Issue
Equity Issue
Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a total of GBP 223,000 (gross) from existing investors through the issue of 15,258,333 new ordinary shares ('Placing Shares') under this equity issue.
In addition the Company has agreed, in settlement of fees amounting to £48,000, to issue 2,400,000 new ordinary shares ('Fee Shares').
The Company will use the proceeds from the equity issue for general working capital purposes.
Admission
Application has been made for the 15,258,333 Placing Shares and 2,400,000 Fee Shares to be admitted to trading on Aquis Stock Exchange ('Admission'). Admission is expected to occur at 8:00am on or around 11 August 2021.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise 313,082,660 ordinary shares of £0.0004 each, with each share carrying the right to one vote.
The Company does not hold any ordinary shares in treasury. The above figure of 313,082,660 may therefore be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
For further information, visit: https://vulcanplc.com
Contacts
| Vulcan Industries plc | Via Vox Markets |
| Ian Tordoff, Chairman | |
| First Sentinel Corporate Finance Ltd (AQSE Corporate Adviser) | +44 7876 888 011 |
| Brian Stockbridge | |
| Gabrielle Cordeiro | |
| Vox Markets (Media and Investor Relations) | vulcan@voxmarkets.co.uk |
| Kat Perez | +44 7881 622 830 |
| Paul Cornelius | + 44 7866 384 707 |
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable engineering, manufacturing and industrial SMEs for value and to enhance this value in part through group synergies, but primarily by unlocking growth which is not being achieved as a standalone private company.
