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Mirada Plc Announces Completion Of Equity Placing


Friday, 22 Feb 2013 02:00am EST 

Mirada Plc announced the completion of an equity placing and a capitalisaton of certain creditor and loan note balances totalling, in aggregate, GBP1,469,509.70. The placing raised gross proceeds of GBP1,014,000 by the issue of 10,140,000 new ordinary shares of 1p each at a placing price of 10 pence (the Placing). In addition, certain creditors have agreed to capitalise, in aggregate, GBP185,509.70 into 1,855,097 new ordinary shares of 1 pence each, credited as fully paid at 10 pence per share and a loan note holder has agreed to convert GBP270,000 of their convertible loan notes into 2,700,000 new ordinary shares of 1p each, credited as fully paid at 10 pence per share (the Capitalisation) (together the Transaction). Application has been made to the London Stock Exchange for admission of the 14,695,097 new ordinary shares to be issued pursuant to the Placing and the Capitalisation to be admitted to trading on AIM. Admission is expected to occur on February 27, 2013. 

Company Quote

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25 Jul 2014