AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

PACIFIC GLOBAL HOLDINGS PLC

Share Issue/Capital Change May 12, 2014

7831_rns_2014-05-12_4e064cb9-0ffe-45f2-884f-6a4c0483b861.html

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

LIMITLESS EARTH PLC - First Day of Dealings

PR Newswire

London, May 12

                           Limitless Earth plc                                (the "Company")                             First Day of DealingsLimitless Earth plc, a rule 8 investing company, announces that it has joinedthe AIM market of the London Stock Exchange and dealings in its ordinary sharescommenced today at 8:00 a.m. under the ticker symbol "LME".The Company has raised £3,005,000 through the issue of 65,400,000 ordinaryshares at a price of 5p per share pursuant to a placing with new investors.Cairn Financial Advisers LLP is Nominated Adviser and Global InvestmentStrategy UK Ltd is broker in relation to the Admission.Use of ProceedsThe funds raised will be used for working capital whilst the Board seekssuitable investments and, where applicable, acquisitions in line with theCompany's Investing Policy, details of which can be found on the Company'swebsite.The Company is focusing on opportunities built on \`demographic trendinvestment' and plans to invest principally, but not exclusively, in sectorswhere changing demographic factors are important drivers of growth. TheDirectors believe such demographic factors create opportunities for businessesthat support the element of the global population which is geographicallymobile, expanding, becoming wealthier and living longer.The Board, through its extensive network of contacts, has identified a numberof potentially interesting investment opportunities, although formaldiscussions in respect of any of these opportunities have not yet commenced.The Company may be either an active investor and acquire control of a singlecompany or it may acquire non-controlling shareholdings. Therefore, theproposed investments to be made by the Company may be in either quoted orunquoted securities and made by direct acquisition of interest in companies,partnerships or joint ventures, or direct interests in projects and can be atany stage of development. Accordingly, the Company's equity interest in aproposed investment may range from a minority position to 100 per cent.ownership.The BoardThe Directors have extensive contact bases and, collectively, many years ofexperience in setting up, managing and growing businesses across a wide rangeof sectors including health and wellness, energy, media, real estate, finance,internet and leisure. In particular, Dominic White, a Director of the Companyhas experience in the investment sector working in private equity, investmentfunds management and advisory businesses in both the private and listedmarkets.Dominic White, Director of the Company, commented:"I am very pleased that the Company's shares have today been admitted totrading on AIM. The response from the new investors to the Placing was veryencouraging and the Board looks forward to growing the business on AIM andupdating shareholders on our progress."The Company's Admission Document can be found at: www.limitlessearthplc.comFor further information please contact:Limitless Earth plc                            www.limitlessearthplc.comDominic White                                  +44 7972 000 093Cairn Financial Advisers LLP                   +44 20 7148 7900Nominated AdviserJo Turner/Liam Murray                          www.cairnfin.comGlobal Investment Strategy Limited             +44 20 7048 9400BrokerJohn Gunn                                      www.gisukltd.com

Talk to a Data Expert

Have a question? We'll get back to you promptly.