EGM Statement
04 10월 2010 - 5:45PM
UK Regulatory
TIDMMWH
RNS Number : 7594T
Millwall Holdings PLC
04 October 2010
Millwall Holdings PLC (the "Company")
EGM Statement
04 October 2010
The Company today announces that it is proposing to raise up to GBP11 million
(approximately) by way of an open offer of ordinary shares to all shareholders
pro rata to their existing shareholdings at the record date for the open offer.
Chestnut Hill Ventures, LLC, a major shareholder in the Company, has agreed to
take up its open offer entitlements and underwrite the open offer up to an
aggregate amount of GBP10 million. The fundraising will enable the Company to
reduce substantially its level of borrowings, improve its net asset position and
will provide working capital for Millwall Football Club. Further details of the
proposed open offer will be announced in due course.
For further information please contact:
+---------------------------------------+---------------------+
| Millwall Holdings PLC | Tel: +44 20 7232 |
| | 1222 |
+---------------------------------------+---------------------+
| Andy Ambler | |
+---------------------------------------+---------------------+
| Tom Simmons | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| Singer Capital Markets Ltd | Tel: +44 203 205 |
| | 7500 |
+---------------------------------------+---------------------+
| Jeff Keating | |
+---------------------------------------+---------------------+
| Nick Donovan | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
| | |
+---------------------------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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