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Ferrum Crescent Ltd  -  FCR   

Issue of Equity

Released 08:03 09-Oct-2013

RNS Number : 0713Q
Ferrum Crescent Ltd
09 October 2013
 

09 October 2013

 

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group") (ASX: FCR, AIM: FCR, JSE: FCR)

 

Issue of Shares

 

Ferrum Crescent Limited announces that the Company has today issued 44,613,156 fully paid ordinary shares as the first tranche of a private placement totalling 48,000,000 ordinary shares at a price of GBP 0.0182 (AU$0.0315) per share to raise up to GBP 873,000 (AU$1.5 million) before the costs of the issue.

Accordingly, application has been made for 44,613,156 shares to be admitted to trading on the AIM market of the London Stock Exchange. Admission is expected to become effective at 8:00am on 9 October 2013.

Following admission the Company will have 372,814,541 fully paid ordinary shares on issue.

 

For more information, please visit www.ferrumcrescent.com or contact:

Australia and Company enquiries:

UK enquiries:

Ferrum Crescent Limited

Ed Nealon  T: +61 8 9380 9653

Executive Chairman

 

Bob Hair  T: +61 414 926 302

Managing Director

Ocean Equities Limited (Broker)

Guy Wilkes  T: +44 (0) 20 7786 4370

 

RFC Ambrian Limited (Nominated Adviser)

Sarah Wharry  T: +44 (0) 20 3440 6800

Jen Boorer  T: +44 (0) 20 3440 6800

 

Ferrum Crescent Limited

Laurence Read (UK representative)

T: +44 7557672432

 

South Africa enquiries:

Sasfin Capital

Leonard Eiser  T: +27 11 809 7500

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Issue of Equity - RNS