Marwyn Management Partners PLC (MMPT.L) Key Developments | Reuters.com
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Marwyn Management Partners PLC (MMPT.L)

MMPT.L on London Stock Exchange

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17 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Marwyn Management Partners Plc proposed issue of equity
Friday, 13 Feb 2015 02:00am EST 

Marwyn Management Partners Plc:Has entered into conditional agreement with its largest shareholder, Marwyn Value Investors LP (MVI) to subscribe for up to 296,355,315 ordinary shares of 1pence each in share capital of company at price of 4.125 pence per ordinary share.Placing is conditional on shareholder approval at General Meeting of company to authorise the directors of company to allot new ordinary shares and to disapply pre-emption rights in relation to the issue of the new Ordinary Shares on a non-pre-emptive basis.Placing proceeds will be used to implement strategy set out in announcement dated Feb. 12.In event that resolutions are not passed at General Meeting of the Company, placing would not proceed.Gross Placing proceeds will be minimum of 10.0 mln Pound which will be used to fund the five year business plan of Le Chameau.Placing will be increased to maximum of 12.2 mln Pound to extent that company is successful in increasing its interest in Le Chameau through purchasing existing shares and loan notes in its subsidiaries.  Full Article

Marwyn Management Partners Plc announces issue of equity
Tuesday, 15 Jul 2014 02:00am EDT 

Marwyn Management Partners Plc:Announces placing of 10,144,000 ordinary shares of 1 pence at a price of 4.25 pence.To raise about 0.4 mln Pounds before expenses.Application has been made to the London Stock Exchange for the admission of the Placing Shares to trading on AIM.It is expected that admission will occur and that dealings will commence on July 18, at which time it is also expected that the placing shares will be enabled for settlement in CREST.Net proceeds of the Placing will be used by the Company for general working capital purposes.  Full Article