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

Interfund Investments PLC

Share Issue/Capital Change Jan 30, 2023

2469_rns_2023-01-30_122f24a2-d236-46df-9dc1-53cb882d7b0d.pdf

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

INTERFUND

ANNOUNCEMENT

Re: Increase of the Share Capital of INTERFUND INVESTMENTS PLC through the issue of Nil-Paid Rights – Actions to extend the timeframe for the allocation of the new shares attributable to the non-exercised Nil-Paid Rights

In view of providing more detailed information to its shareholders and investors in general, the public listed company INTERFUND INVESTMENTS PLC (the "Company") announces that at its meeting of 26 January 2023, the Company's Board of Directors decided as follows, in connection with the above:

  • The 18,567 new shares resulting from the exercised Nil-Paid Rights will be issued on 30 January 2023, in accordance with the timeframe stated in the Prospectus dated 27 October 2022 and the announcement dated 31 October 2022. This will be followed by the procedure pertaining to the listing of these shares on the CSE and their incorporation in the Company's already issued ordinary shares.
  • The Company will take actions to extend the period of allocation of the shares attributable to non-exercised Nil-Paid Rights (beyond the 30th of January 2023 provided for in the initial timeframe), as it is estimated that the prospects of finding investors for new shares are significantly improved.
  • To pursue the actions aimed at finding investors for these shares.

It is clarified that (a) these shares will be allocated at the same price at which the Nil-Paid Rights have already been exercised, (b) in case of significant developments until the date of listing of these new shares on the CSE, the Company will publish a supplement to the Prospectus in accordance with Article 23 of Regulation (EU) 2017/1129, and (c) the issue of the new shares will be immediately followed by the procedure pertaining to their listing on the CSE and their incorporation in the Company's already issued ordinary shares.

A relevant letter has been sent to the CSE with a copy to the Cyprus Securities and Exchange Commission.

All relevant developments will be announced in due course.

IMPORTANT NOTICE

This announcement is provided solely for information purposes and does not constitute a prospectus or an equivalent document. This announcement and the information contained therein are restricted and are not intended for publication, dissemination, forwarding, transfer or distribution, directly or indirectly, fully or partly, within or in the United States or in any Exempt Country or in any jurisdiction where such acts would be illegal. The information contained in this announcement cannot be forwarded or distributed to any other person and cannot be reproduced in any manner. No authorisation is granted for the forwarding, distribution, reproduction or disclosure of this information, either fully or partly. Non-compliance with any such restriction may constitute a violation of the law on securities in these jurisdictions.

Talk to a Data Expert

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