6pm Holdings rights issue for new ordinary shares

Shareholders of the company are being offered to subscribe to 10,788,000 new ordinary shares of a nominal value of £0.20 each share, which constitute 144% of the entire issued share capital of the Company.

The company said the rights Issue will be open to eligible shareholders from 08:30am on 11 April to 14:00pm on 29 April.

Eligible shareholders will be entitled to acquire 1.4383 new ordinary shares at £0.25 per share for every one ordinary share registered in their name on the record date.

Each eligible shareholder will then be entitled to accept an offer for a number of new shares by multiplying the number of ordinary shares registered in the person’s name by 1.4384. Any fractional entitlement shall be rounded up from 0.5 upwards and rounded down if below 0.5.

The company applied with the Malta Stock Exchange for the new ordinary shares to be admitted to the Official List. Listing is expected to occur on 16 May, whilst trading of the new ordinary shares is expected to start on 17 May.