Qannas Investments Limited First Day Dealings On AIM And Placing
Qannas Investments Limited announced its admission to the AIM market of the London Stock Exchange (Admission) and the commencement of dealings in its ordinary shares under the ticker symbol QIL. The Company has raised $18.466 million ($17.581 million net of expenses) in a placing of 18.466 million Ordinary Shares (Placing). On the basis of 19.698 million Ordinary Shares being admitted to trading on AIM and the Placing Price of $1 per Ordinary Share, the market capitalisation of the Company at Admission is $19.698 million. Deloitte Corporate Finance is acting as nominated adviser in relation to the Admission and Daniel Stewart and Company Plc is acting as broker.
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