RNS Number : 9468C
NetScientific PLC
21 October 2015
 

NetScientific plc

("NetScientific" or the "Company")

 

Posting of Circular

 

21 October 2015

 

Further to the announcement made by the Company on 1 October 2015, NetScientific announces that a Circular has today been published and posted to shareholders in relation to the proposed placing to raise approximately £18.0 million (before expenses), the additional fundraising to raise up to approximately £2.0 million, the proposed waiver of Rule 9 of The City Code on Takeovers and Mergers, and the notice of General Meeting. The General Meeting is due to be held at Simmons & Simmons, 1 Ropemaker Street, London EC2Y 9HT at 9.00 a.m. on 6 November 2015.

 

A copy of the Circular will shortly be made available on the Company's website at the following URL: www.netscientific.net/investors/aim-rule-26.

 

 

Expected timetable of events 

 

Latest time and date for receipt of completed Forms of Proxy to be valid at the General Meeting

 

 

9.00 a.m. on 4 November 2015

Additional Fundraising Close

11.00 a.m. on 5 November 2015

 

Admission and commencement of dealings in the New Ordinary Shares

 

8.00 a.m. on 9 November 2015

 

Placing Shares and Additional Fundraising Shares credited to CREST members' accounts (where applicable)

 

9 November 2015

 

Despatch of definitive share certificates for the New Ordinary Shares in certificated form (where appropriate)

 

 

within 10 days of Admission

     

 

Application will be made to the London Stock Exchange for the Admission of the new ordinary shares to trading on AIM. It is expected that Admission will occur and that dealings will commence at 8.00 a.m. on 9 November 2015.

 

Contact Details

 

NetScientific plc

 

François R. Martelet, M.D., CEO

      Tel: +44 (0)20 3514 1800

Peter Thoms, CFO

 

 

 

Investec Bank plc (NOMAD, broker and joint bookrunner in connection with the placing)

Tel: +44 (0)20 7597 4000

Gary Clarence / Daniel Adams

 

 

 

Liberum Capital Limited  (joint bookrunner in connection with the placing)

Tel: +44 (0)20 3100 2000

Christopher Britton

 

 

 

Instinctif Partners

Melanie Toyne-Sewell / Jayne Crook / Rosanna Forrest

Tel: +44 (0)20 7457 2020 or
netscientific@instinctif.com

     

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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