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Geiger Counter Limited announced on 15 May 2026 that the Subscription Trustee will return Net Proceeds of 32.8 pence per share to Non-Subscribing Shareholders, following the placing of ordinary shares that arose from the exercise of outstanding Subscription Rights. Payments are expected on or around 28 May 2026, with only amounts of £5 or more being made to Non-Subscribing Shareholders.
| Date | 15 May 2026 |
| Time | 12:42:35 |
| Category | Corporate updates |
| ID | 5715E |
Geiger Counter Limited (or the "Company")
15 May 2026
Exercise of outstanding Subscription Share Rights & Distribution of Rump proceeds
Further to the announcement on 7 May 2026 with regards to the exercise of the outstanding Subscription Rights (the "Rump") and the placing of the ordinary shares of no par value ("Ordinary Shares") that arose from the exercise of the Rump, the Company announces that proceeds of this placing, net of costs (the "Net Proceeds"), of 32.8 pence per share will be returned to those shareholders who did not exercise their rights ("Non-Subscribing Shareholders") by the Subscription Trustee as per the terms of the Subscription Rights.
Only Net Proceeds payments of £5 or more shall be made to Non-Subscribing Shareholders, with payments expected to take place on or around 28 May 2026.
For further information, please contact:
Enquiries
|
Manulife | CQS Investment Management |
Craig Cleland |
T: +44 (0) 20 7201 5368 |
|
Cavendish Capital Markets Limited |
Tunga Chigovanyika (Corporate Finance) |
T: +44 (0) 20 7397 1915 |
|
|
Daniel Balabanoff / Pauline Tribe (Sales) |
T: +44 (0) 20 7220 0500 |
|
Summit Fund Services Jersey Limited |
Christopher Foulds |
T: +44 (0) 1534 825 259 |