REG - Nightcap PLC - Update on fundraising

NightcapAnnouncement

11/07/2024 07:00

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RNS Number : 9401V  Nightcap PLC  11 July 2024

11 July 2024

Nightcap plc

("Nightcap" or the "Company")

 

Update on fundraising

 

Total Voting Rights

 

Further to the Company's previous announcements, including the announcement at
02:51 p.m. on 28 June 2024, Nightcap (AIM: NGHT), the owner and operator of 46
premium bars, announces that application has been made to the London Stock
Exchange for 15,000,000 new ordinary shares of 1p each (the "Subscription
Shares") to be admitted to trading on AIM ("Admission"). These Subscription
Shares have been subscribed for at an issue price of five pence per share to
raise gross proceeds of £0.75 million for the Company.

It is anticipated that Admission will occur, and dealings will commence in the
Subscription Shares at 8:00 a.m. on or around 12 July 2024.

The Subscription Shares will rank pari passu in all respects with the existing
ordinary shares of 1p each (the "Ordinary Shares") of the Company and
therefore will rank equally for all dividends or other distributions declared,
made or paid after their issue.

Total Voting Rights

Following Admission, the Company's enlarged issued ordinary share capital will
comprise 279,550,656 Ordinary Shares with one voting right per share. The
Company does not hold any Ordinary Shares in treasury. Therefore, following
Admission the total number of Ordinary Shares in the Company with voting
rights will be 279,550,656.

 

For further enquiries:

 Nightcap plc

 Sarah Willingham / Gareth Edwards                                          email@nightcapplc.com

 Allenby Capital Limited (Nominated Adviser and Broker)

 Nick Naylor / Alex Brearley / Piers Shimwell (Corporate Finance)           +44 (0) 20 3328 5656

 Jos Pinnington / Amrit Nahal / Tony Quirke (Sales and Corporate Broking)

                                                                            www.allenbycapital.com (http://www.allenbycapital.com/)

 Bright Star Digital (PR)                                                   https://www.brightstardigital.co.uk/

 Pam Lyddon

                                                                            +44 (0) 7534 500 829

                                                                            pamlyddon@brightstardigital.co.uk

 

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