Mobeus - Parsley Box
Posted: March 26th, 2021, 10:10 am
Morning all,
Mobeus announced on RNS this morning that all four VCTs will be aligned with the upcoming float of Parsley Box on AIM on the 31st Mar.
Official Parsley Box announcement [from RNS on Investegate]
Based on the Placing Price of 200 pence per Ordinary Share, the market capitalisation on Admission will be £83.8 million
· The Company has conditionally raised £5 million (before expenses) pursuant to the Offers and the selling shareholders have conditionally raised approximately £12 million (before expenses) pursuant to the Placing
· The Placing attracted strong support from high quality institutional investors and was over-subscribed
· The Customer Offer represented circa 7.6 per cent. of the Ordinary Shares sold in the Offers and was very well supported. All identified Parsley Box customers who successfully applied received an 100 per cent. allocation
· The Company's net proceeds will be used to accelerate its growth plans primarily through investment in marketing spend with the aim of becoming a household name in a currently underserved market
· On Admission, the Directors together with their connected persons will be interested in approximately 32.1 per cent. of the issued Ordinary Shares
· On Admission, the Company will have 41,914,368 Ordinary Shares in issue and a free float of approximately 45.4 per cent.
· Admission and the commencement of dealings in the Ordinary Shares is expected to take place at 8.00 a.m. on 31 March 2021
No mention to the change in NAV for the four VCTs but looks to be an announcement shortly. Mobeus have had a seriously good run so far in 2021!
Mobeus announced on RNS this morning that all four VCTs will be aligned with the upcoming float of Parsley Box on AIM on the 31st Mar.
Official Parsley Box announcement [from RNS on Investegate]
Based on the Placing Price of 200 pence per Ordinary Share, the market capitalisation on Admission will be £83.8 million
· The Company has conditionally raised £5 million (before expenses) pursuant to the Offers and the selling shareholders have conditionally raised approximately £12 million (before expenses) pursuant to the Placing
· The Placing attracted strong support from high quality institutional investors and was over-subscribed
· The Customer Offer represented circa 7.6 per cent. of the Ordinary Shares sold in the Offers and was very well supported. All identified Parsley Box customers who successfully applied received an 100 per cent. allocation
· The Company's net proceeds will be used to accelerate its growth plans primarily through investment in marketing spend with the aim of becoming a household name in a currently underserved market
· On Admission, the Directors together with their connected persons will be interested in approximately 32.1 per cent. of the issued Ordinary Shares
· On Admission, the Company will have 41,914,368 Ordinary Shares in issue and a free float of approximately 45.4 per cent.
· Admission and the commencement of dealings in the Ordinary Shares is expected to take place at 8.00 a.m. on 31 March 2021
No mention to the change in NAV for the four VCTs but looks to be an announcement shortly. Mobeus have had a seriously good run so far in 2021!