sur Gledhow Investments Plc (isin : GB0008842717)
Gledhow Investments plc Raises £145,000 Through Subscription
Gledhow Investments plc announced a successful capital raise of £145,000 via a subscription of 14.5 million new ordinary shares at 1 pence per share. This funding initiative includes warrants, offering investors the option to purchase additional shares at 1.5 pence within the next 24 months. This strategy aligns with Gledhow's broader investment outlook, particularly within the publicly listed natural resources sector.
The issuance also introduces a related party transaction involving director Sam Quinn, who will receive 2,913,826 warrants. Gledhow's independent director, Guy Miller, affirmed the fairness of this transaction.
The new shares will be accessible for trading on the Aquis Growth Market anticipated on October 26, 2026. Following the subscription, Gledhow's share capital will consist of 184,184,984 ordinary shares, setting a new denominator for shareholder interest notifications.
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