logo-loader
RNS
viewBrickability Group Plc

Admission to trading on AIM

/**/ ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: black }visited{ color: purple } .aa{size:595.3pt 841.9pt;margin:72.0pt 72.0pt 72.0pt 72.0pt;}div.aa{}p.ax{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm}span.av{font-size:10.0pt;font-family:"Arial","sans-serif"; color:black}p.ay{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: center}span.at{font-size:10.0pt; font-family:"Arial","sans-serif";color:black}span.ar{font-size:12.0pt; font-family:"Arial","sans-serif";color:black}p.az{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin-bottom: 0cm; text-align: center}span.aq{font-size:10.0pt;font-family: "Arial","sans-serif";color:black}p.ba{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal} span.an{font-size:10.0pt; font-family:"Arial","sans-serif"}span.bb{color:black;text-decoration:none none;font-size:10.0pt;font-family:"Arial","sans-serif"}p.bc{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: justify}p.bd{margin-top:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:36.0pt;margin-bottom:.0001pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:0cm;margin-right:0cm; margin-bottom:0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-align:justify; text-indent:-18.0pt;line-height:normal}span.ak{font-size:10.0pt; font-family:Wingdings;color:black}p.be{margin-top:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:36.0pt;margin-bottom:.0001pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:0cm;margin-right:0cm; margin-bottom:0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-align:justify; text-indent:-18.0pt;line-height:normal}p.bf{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:36.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:0cm;margin-right:0cm; margin-bottom:0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-align:justify; text-indent:-18.0pt;line-height:normal}span.ai{font-size:10.0pt;font-family:"Arial","sans-serif";color:black}table.bg{margin-left:-5.4pt;border-collapse:collapse}td.ag{width:293.75pt;padding:0cm 5.4pt 0cm 5.4pt} p.bh{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal}span.am{font-size:10.0pt;font-family:"Arial","sans-serif"}td.af{width:135.45pt;padding:0cm 5.4pt 0cm 5.4pt}p.bi{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin-bottom: 0cm; text-align: right}p.bj{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify}span.ac{font-size:10.0pt; line-height:115%;font-family:"Arial","sans-serif";color:black} /**/
RNS Number : 4651K
Brickability Group PLC
29 August 2019
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

 

 

Brickability Group plc

 

("Brickability" or the "Company")

 

 

Admission to trading on AIM and First Day of Dealings

 

Brickability Group plc, announces the admission of its entire issued ordinary share capital, which comprises 230,458,821 ordinary shares ("Ordinary Shares") to trading on the AIM market of the London Stock Exchange ("Admission") today, 29 August 2019. Dealings in the Ordinary Shares will commence at 8:00 a.m. under the ticker "BRCK" and ISIN GB00BK63S759.

 

The Company's Admission Document is available from www.brickabilitygroupplc.com.

 

The Company has successfully raised £57 million gross (before expenses) through a placing and subscription of 87,272,225 new Ordinary Shares through its nominated adviser and broker, Cenkos Securities plc.  

 

Transaction highlights

§ £57 million raised by the conditional placing and subscription of 87,272,225 new Ordinary Shares at a placing price of 65p

§ The new Ordinary Shares represent 37.9 per cent. of the enlarged share capital on Admission

§ Enlarged share capital on Admission of 230,458,821 Ordinary Shares

§ £150 million market capitalisation on Admission at the placing price

§ Cenkos Securities plc is Nominated Adviser and Broker

 

Alan Simpson, CEO of Brickability, said: "We are very pleased with the level of interest generated from new institutional investors in support of our admission to trading on AIM. The move to AIM and the additional funding will allow us to continue our growth trajectory through further organic growth and through accretive bolt-on acquisitions. We would like to thank our new and existing investors for their support, and the whole Brickability team for coming with us on this exciting journey."

 

 

- Ends -

 

Enquiries

 

Brickability Group plc

Alan Simpson, Chief Executive Officer

Stuart Overend, Chief Financial Officer

c/o Montfort Communications

 

 

Cenkos Securities plc (Nominated adviser and broker)

Max Hartley / Max Gould

Julian Morse (Sales)

 

+44 (0) 20 7397 8900

Montfort Communications

James Olley

Woolf Thomson Jones

+44 (0)20 3770 7916

 

 

About Brickability

Brickability is a leading construction materials distributor, serving customers across the UK for over 25 years through its mainstream and local networks. The Company supplies over 300m bricks annually and already has 25 sites and sales offices, employing approximately 225 people throughout the UK. Across its three divisions, the Group supplies bricks, roofing, heating, flooring, doors and windows to meet UK housebuilder demand.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
MSCEVLFLKVFZBBK

Quick facts: Brickability Group Plc

Price: 65.32

Market: AIM
Market Cap: £150.54 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE