17 April 2018
GEIGER COUNTER LIMITED
Issue of Ordinary Shares
The Company announces that, conditional only on Admission becoming effective, it has allotted, by way of a new issue in response to market demand, 525,000 new ordinary shares of no par value (the "New Shares") for cash, at a price of 18.00p per share, a premium to the Company's net asset value. The New Shares will rank pari passu with the existing ordinary shares.
Applications have been made for the New Shares to be admitted to The International Stock Exchange's Listing and to trading on the London Stock Exchange's SETSqx platform ("Admission"). Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 20 April 2018.
Following the issue of the New Shares, the Company's issued share capital will consist of 76,109,492 ordinary shares and 37,792,223 subscription shares, none of which are held in treasury.
|CQS (UK) LLP||Craig Cleland||T: +44 (0) 20 7201 5368|
|Cantor Fitzgerald Europe||Sue Inglis||T: +44 (0) 20 7894 8016|
|R&H Fund Services (Jersey) Limited||Lisa Neil||T :+44 (0) 1534 825 336|
The information contained in this announcement does not constitute an offer of securities for sale in any jurisdiction.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Geiger Counter Ltd via Globenewswire