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DJ Valiant Investments Plc Issue of Equity

 
TIDMVALP 
 
VALIANT INVESTMENTS PLC 
                         ("Valiant" or "the Company") 
 
                                Issue of Equity 
 
7 December 2016 
 
Valiant is pleased to advise that it has raised GBP40,000 by way of a placing of 
40,000,000 new ordinary shares at a price of 0.1p. The monies raised will 
provide the Company with additional working capital and enable it to accelerate 
the development of its 84.7% owned subsidiary, Flamethrower plc. 
 
The new ordinary shares rank pari passu with the existing ordinary shares. 
 
Following this placing there are now 869,808,666 ordinary shares in issue, of 
which the Directors are interested in a total of 15,520,000 ordinary shares, 
representing 1.78% of the issued share capital. 
 
The Directors of Valiant accept responsibility for the content of this 
announcement. 
 
ENQUIRIES: 
 
Company 
Valiant Investments plc 
Conrad Windham 
Telephone: 01366 381541 
 
Corporate Advisor 
Peterhouse Corporate Finance Limited 
Guy Miller / Mark Anwyl 
Telephone: 020 7220 9796 
 
 
 
END 
 

(END) Dow Jones Newswires

December 07, 2016 06:38 ET (11:38 GMT)