Trafalgar Property Group PLC Placing and Total Voting Rights (7029J)

TIDMTRAF

RNS Number : 7029J

Trafalgar Property Group PLC

18 August 2023

This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. On publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain.

TRAFALGAR PROPERTY GROUP PLC

("Trafalgar" or the "Company")

Placing and Total Voting Rights

Placing

Trafalgar is pleased to announce that it has conditionally raised gross proceeds of GBP125,000 ("Placing Amount") by means of a placing of 125,000,000 new Ordinary Shares ("Placing Shares") at a price of 0.1 pence (the "Placing Price") per share (the "Placing").

The Placing has been conducted by the Company's Broker, Peterhouse Capital Limited, who have received legally binding commitments from Placees to subscribe for the entirety of the Placing Shares. Receipt of the proceeds of the Placing Amount and the settlement date of the Placing Shares is expected to be on or around 12 September 2023.

The funds raised will provide the Company with additional working capital.

Application will be made for admission of the Placing Shares to trading on AIM ("Admission"). It is expected that Admission will occur on or around 12 September 2023.

Total Voting Rights

On Admission the Company's issued share capital will consist of 400,852,371 ordinary shares of 0.1p each, with one voting right each. The Company does not hold any shares in treasury. Therefore the total number of ordinary shares and voting rights in the Company will be 400,852,371. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
 Trafalgar Property Group Plc                  +44 (0) 1732 700 
  Paul Treadaway                                000 
 Spark Advisory Partners Ltd -AIM Nominated 
  Adviser                                      +44 (0) 20 3368 
  Matt Davis                                    3550 
 Peterhouse Capital Limited - Broker            +44 (0) 20 7409 
  Duncan Vasey/Lucy Williams                     0930

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August 18, 2023 02:00 ET (06:00 GMT)

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