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RNS Number : 5894J Intuitive Investments Group plc 08 April 2024
8 April 2024
Intuitive Investments Group plc
("IIG" or the "Company")
Issue and Allotment of Ordinary Shares
Intuitive Investments Group plc (SFS: IIG), the closed-end investment company
focussed on fast growing and high potential opportunities in the Technology,
Life Sciences and Healthcare sectors, announces the issue and allotment of
159,642 ordinary shares of 10 pence each ("Ordinary Shares"), fully paid.
These shares were issued for cash at a price of £1.566 per share to raise
£250,000 for the Company.
Application has been made for the new Ordinary Shares, which will rank equally
with the existing Ordinary Shares of the Company, to be admitted to trading on
Specialist Fund Segment of the Main Market, becoming effective in accordance
with the admission and disclosure standards of the London Stock Exchange. It
is expected that admission will become effective and dealings in the new
Ordinary Shares will commence at 8:00 a.m. on or around 9 April 2024
("Admission").
Following Admission, the Company's issued share capital will consist
of 202,293,166 Ordinary Shares. Since the Company currently holds no shares
in treasury, the total number of voting rights in the Company will be
202,293,166. Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
Intuitive Investments Group plc www.iigplc.com (http://www.iigplc.com/)
Sir Nigel Rudd, Non-Executive Chairman Via FTI Consulting
Robert Naylor, CEO
Giles Willits, CIO
Cavendish Capital Markets Limited +44 (0) 20 7397 8900
James King / William Talkington / Daniel Balabanoff
SP Angel Corporate Finance LLP - Financial Adviser +44 (0) 20 3470 0470
Jeff Keating / David Hignell / Kasia Brzozowska
FTI Consulting +44 (0) 20 3727 1000
Jamie Ricketts / Valerija Cymbal / Jemima Gurney IIG@fticonsulting.com
About Intuitive Investments Group plc
IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing and/or high potential Life Sciences
and Technology businesses operating predominantly in the UK, continental
Europe, the US and APAC, utilising the Board's experience to seek to generate
capital growth over the long term for shareholders.
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