TIDMHWSL
RNS Number : 1797H
Hadrian's Wall Secured Invs.Ltd
08 March 2018
8 March 2018
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR
INDIRECTLY, TO THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA OR
AUSTRALIA OR ANY MEMBER STATE OF THE EEA (OTHER THAN THE UNITED
KINGDOM) OR TO ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED
STATES, CANADA, JAPAN, SOUTH AFRICA OR AUSTRALIA OR ANY MEMBER
STATE OF THE EEA (OTHER THAN THE UNITED KINGDOM) OR TO ANY OTHER
JURSIDICTION IN WHICH THE DISTRIBUTION OR RELEASE OF THIS
ANNOUNCEMENT WOULD BE UNLAWFUL UNDER APPLICABLE SECURITIES
LAWS.
Hadrian's Wall Secured Investments Limited
Results of C Share Placing
Hadrian's Wall Secured Investments Limited (the "Company") is
pleased to announce that it has successfully raised gross proceeds
of GBP20.1 million through a placing (the "Placing") of C shares of
no par value in the capital of the Company (the "C Shares") at an
Issue Price of 100 pence per C Share. In total, applications were
received in respect of 20,074,263 C Shares.
Accordingly the Board has allotted 20,074,263 C Shares and
applications have been made for 20,074,263 C Shares to be admitted
to the premium listing segment of the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's
main market for listed securities ("Admission"). Admission is
expected to occur at 8.00 a.m. on 13 March 2018.
The ticker for the C Shares is HWSC and the ISIN is
GG00BG04CB85.
With effect from 13 March 2018 the total number of voting rights
in respect of the following classes of shares will be:
Share Class Number of shares Total Number
in issue of Voting Rights
in Share Class
Ordinary Shares 125,027,953 125,027,953
C Shares of NPV 20,074,263 20,074,263
Aggregate 145,102,216 145,102,216*
The Company holds no shares in Treasury.
* Under the Articles, at any general meeting of the Company each
Share (Ordinary Share or C Share) shall have one vote. Accordingly,
the figure which may be used by the Shareholders 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 Company under the FCA's Disclosure Guidance and Transparency
Rules is the aggregate of Ordinary Shares and C Shares, namely
145,102,216. Similarly, to calculate the numerator, Shareholders
should aggregate their holdings of Ordinary Shares and C Shares to
calculate the relevant number of voting rights for the
numerator.
Unless otherwise defined, capitalised terms in this announcement
shall have the meaning given to them in the Company's prospectus
dated 2 May 2017, which can be found on the Company's website
http://hadrianswallcapital.com/fund-information-details/
LEI: 213800ABN7VKMVNOLG14
Contact Details
Hadrian's Wall Capital (Investment Adviser)
Ron Miao / Mike Schozer Telephone 020 3026 8620
International Fund Management (Investment Manager)
Chris Hickling Telephone 01481 737600
Winterflood Investment Trusts (Corporate Broker)
Joe Winkley / Neil Morgan Telephone 020 3100 0000
Disclaimer
Accessing this announcement in certain jurisdictions may be
restricted by law. Persons accessing this announcement must satisfy
themselves that it is lawful to do so under the applicable
securities laws of the jurisdiction from which they access this
announcement. The Company assumes no responsibility in the event
there is a violation by any person of such restrictions.
The value of investments may go down as well as up, and all of
the value of an investor's investment in the Company will be at
risk. Past performance is not a guide to future performance and the
information in this announcement or any documents relating to the
issue of the New C Shares by the Company cannot be relied upon as a
guide to future performance. Persons needing advice should contact
a professional adviser.
Winterflood Securities Limited ("Winterflood"), which is
authorised and regulated by the Financial Conduct Authority, is
acting only for the Company in connection with the matters
described in this announcement and is not acting for or advising
any other person, or treating any other person as its client, in
relation thereto and will not be responsible for providing the
regulatory protection afforded to clients of Winterflood or advice
to any other person in relation to the matters contained
herein.
Neither Winterflood nor any of its directors, officers,
employees, advisers or agents accepts any responsibility or
liability whatsoever for, or makes any representation or warranty,
express or implied, as to the truth, accuracy or completeness of,
the information in this announcement (or whether any information
has been omitted from the announcement) or any information relating
to the Company, whether written, oral, or in a visual or electronic
form, and howsoever transmitted or made available or any loss
howsoever arising from any use of this announcement or its contents
or otherwise in connection with it.
This announcement may not be published, distributed or
transmitted by any means or media, directly or indirectly, in whole
or in part, in or into the United States. This announcement does
not constitute an offer to sell, or a solicitation of an offer to
buy, securities in any jurisdiction. The Company's shares have not
been registered under the United States Securities Act of 1933, as
amended (the "Securities Act"). The Company has not been, and will
not be, registered under the United States Investment Company Act
of 1940, as amended.
Neither this announcement nor any copy of it may be taken or
transmitted into or distributed in any member state of the European
Economic Area (other than the United Kingdom), Canada, Australia,
the Republic of South Africa or Japan or to any resident thereof.
Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction. The
distribution of this announcement in other jurisdictions may be
restricted by law and the persons into whose possession this
announcement comes should inform themselves about, and observe, any
such restrictions.
This announcement includes "forward-looking statements". All
statements other than statements of historical facts included in
this announcement, including, without limitation, those regarding
the Company's investment strategy, plans and objectives are
generally forward-looking statements. Forward-looking statements
are subject to risks and uncertainties and accordingly the
Company's actual future financial results and operational
performance may differ materially from the results and performance
expressed in, or implied by, those statements. These
forward-looking statements speak only as at the date of this
announcement. The company expressly disclaims any obligation or
undertaking to update or revise any forward-looking statements
contained herein to reflect actual results or any change in the
assumptions, conditions or circumstances on which any such
statements are based unless required to do so by the Financial
Services Markets Act 2000, the Listing Rules or Prospectus Rules of
the Financial Conduct Authority or other applicable laws,
regulations or rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEJPMFTMBMMBAP
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March 08, 2018 11:08 ET (16:08 GMT)
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