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| Date | 29 Jul 2022 |
| Time | 07:00:15 |
| Category | Miscellaneous |
| ID | 1628U |
29 July 2022
Macaulay Capital PLC
("Macaulay Capital" or the "Company")
Admission to Trading and First Day of Dealings
Macaulay Capital PLC (AQSE:MCAP), which was formed to originate and manage corporate transactions, raise funds from third parties, invest its own funds alongside those of external investors and to manage its investment portfolio with the aim of maximising its value, announces that trading in its ordinary shares will commence on the Aquis Stock Exchange Growth Market ("AQSE") at 8:00am, today (Friday, 29 July 2022), under the ticker "MCAP" and ISIN: GB00BNKBMF25.
The Company, which is deemed to be an enterprise company under the AQSE Access Rules, has been admitted to the Access Segment of AQSE ("Admission") following successful completion of a fundraise of GBP 1,900,000 (gross of expenses).
The Board of the Company comprises David Horner, Managing Director, Richard Bucknell, Chief Investment Officer, and Lindsay Mair, Independent Non-Executive Chairman.
The issued share capital of the Company on Admission comprises 10,000,000 ordinary shares.
David Horner, Managing Director, commented:
"We are delighted to bring Macaulay Capital to the market and have been enthused by the investor appetite for what we believe is a commercial proposition, with a significant opportunity to exploit the increasing awareness among private investors for alternative investments and for the potential for significant long term capital appreciation."
Pursuant to the AQSE Access Rules, the Directors and persons connected to them, who in aggregate hold 2,225,000 ordinary shares, representing 22.25 per cent. of the Company's issued share capital on Admission, are subject to a 12-month lock-in arrangement.
|
Name |
Number of ordinary shares subject to lock-in on Admission |
% of issued share capital on Admission |
Total shareholding on Admission |
|
David Horner |
50,000 |
0.5% |
50,000 |
|
Mary Horner* |
50,000 |
0.5% |
50,000 |
|
Harry Horner* |
1,000,000 |
10.00% |
1,000,000 |
|
Tom Horner* |
1,000,000 |
10.00% |
1,000,000 |
|
Lindsay Mair** |
125,000 |
1.25% |
125,000 |
*Mary Horner is David Horner's wife and Harry Horner and Tom Horner are his adult sons
** Lindsay Mair's shares are held jointly with his wife, Jane Paciello
The Company's Admission Document is available to view here: www.macaulaycapital.com
The Directors of the Company accept responsibility for the contents of this announcement.
ENDS
Enquiries:
|
Macaulay Capital PLC |
|
|
Clive Milner |
+44 (0)12 2554 1904 |
|
|
|
|
Cairn Financial Advisers LLP (AQSE Corporate Adviser) |
|
| James Caithie Louise O'Driscoll Ludovico Lazzaretti |
+44 (0)20 7213 0880 |
|
|
|
|
Oberon Capital (Broker) |
|
|
Chris Crawford |
+44 (0)20 3179 5304 |
For more information please visit: www.macaulaycapital.com