Result of WRAP Retail Offer
Company raised £68,000 in retail offer, totalling £5.3m gross proceeds with placing.
- WRAP Retail Offer gross proceeds £68,000
- Total gross proceeds (Placing and WRAP) £5.3 million
- New Ordinary Shares issued (WRAP) 154,584
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Aurrigo International plc (AIM: AURR), a leading international provider of transport technology solutions, is pleased to confirm that, further to the announcements on 11 December 2024, the Company has raised gross proceeds of approximately £68,000 pursuant to the WRAP Retail Offer, alongside the previously announced Placing. Accordingly, the Company will issue a total of 154,584 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer, conditional, inter alia, upon the passing of certain resolutions by the Company's shareholders at a General Meeting of the Company to be held at 3.00 p.m. on 6 January 2025.
In total, the Placing and the WRAP Retail Offer have conditionally raised gross proceeds of approximately £5.3 million for the Company.
An application has been made for the Retail Offer Shares to be admitted to trading on AIM. Admission of the Retail Offer Shares is expected to become effective on or around 8 January 2025. The new Ordinary Shares to be issued pursuant to the Retail Offer will be issued free of all liens, charges and encumbrances and will, on admission, rank pari passu in all respects with the new Ordinary Shares to be issued pursuant to the Placing and the Company's existing Ordinary Shares.
Terms used but not defined in this announcement have the same meaning as set out in the Placing Launch Announcement released on 11 December 2024.
| Aurrigo International plc David Keene, Chief Executive Officer Ian Grubb, Chief Financial Officer | +44 (0)2476 635818 |
| Alma Strategic Communications Hilary Buchanan Caroline Forde Will Ellis Hancock | +44(0)20 3405 0205 |
| Cucumber PR Russ Cockburn | +44 (0)78 1260 0271 |
| Winterflood Retail Access Platform Joe Winkley Sophia Bechev | WRAP@winterflood.com 0203 100 0286 |
The Company's LEI is 213800FPH71B7UWC7104.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.