Close of Accelerated Bookbuild

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Regulatory News | 24 Jan, 2019

Updated : 10:45

RNS Number : 0224O
Gordon Dadds Group PLC
24 January 2019
 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN GORDON DADDS GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF GORDON DADDS GROUP PLC.

This Announcement does not constitute a prospectus or offering memorandum or an offer in respect of any securities and is not intended to provide the basis for any investment decision in respect of Gordon Dadds or other evaluation of any securities of Gordon Dadds or any other entity and should not be considered as a recommendation that any investor should subscribe for or purchase any such securities.

 

This Announcement contains inside information for the purposes of the market abuse regulation (EU No. 596/2014) ("MAR").  Upon the publication of this Announcement, this inside information is now considered to be in the public domain.

 

Capitalised terms in this Announcement shall have the meanings given to such terms in the Company's announcement this morning.

 

 

24 January 2019

Gordon Dadds Group plc

("Gordon Dadds" or the "Company")

 

Close of Accelerated Bookbuild

 

The Company is pleased to announce that further to the announcement made earlier today, the bookbuild has been successful and is well oversubscribed so is now closed.  Participants in the Placing will be contacted by Arden to confirm their allocations. A further announcement will be made in due course confirming the details of the Placing.

 

The issue of the Placing Shares is conditional, amongst other things, on the passing of the Placing Resolutions at the General Meeting and the admission of the Placing Shares to trading on AIM.

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Gordon Dadds Group plc

Adrian Biles, Chief Executive Officer

Christopher Yates, Chief Financial Officer


Via Portland




Arden Partners plc

Nominated Adviser and sole broker to the Company

 

John Llewellyn-Lloyd / Ciaran Walsh / Alex Penney - Corporate Finance

Fraser Marshall - Head of Equities

 


+44 (0) 20 7614 5900

 

Portland Communications

Steffan Williams

Simon Hamer

 


+44 (0) 20 7554 1789

Email: gordondadds@portland-communications.com

 

 


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