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DJ Via Developments Plc Issue of Debt

 
TIDMVIA1 
 
14 September 2017 
 
                                                                   GB00BYPBC438 
 
                             Via Developments PLC 
                            ("Via" or "the Company") 
 
                           Further placing GBP300,000 
 
Via Developments Pc, is pleased to announce that it has raised a further GBP 
300,000 subject to admission to NEX Exchange Growth Market, 7 per cent. 
Debenture Stock due 2020, of GBP1.00 per unit nominal value (the "Placing Price") 
to raise gross proceeds of GBP300,000. 
 
The proceeds of the placing will be used to provide the company with additional 
working capital. 
 
Net proceeds to be received by the Company are GBP297,000. 
 
The GBP300,000 New Debenture Stock will be admitted to trading on NEX Exchange 
Growth Market under the ticker symbol VIA1 on 14 September 2017. 
 
Following the Placing, the issued Debenture Stock of the Company will increase 
to 4,898,857 Debenture Stock at par value GBP1.00. This figure may be used by 
Debenture Stockholder as the denominator for the calculations by which they 
will determine if they are required to notify their interest in, or a change to 
their interest in, the debenture stock capital of the Company under the 
Disclosure and Transparency Rules. 
 
Neither this announcement nor the information contained herein constitutes an 
offer or solicitation by Via Developments Plc for the purchase or sale of any 
securities nor does it constitute a solicitation to any person in any 
jurisdiction where solicitation would be unlawful. 
 
The directors of Via Developments Plc accept responsibility for this 
announcement. 
 
COMPANY CONTACT DETAILS: 
 
Via Developments Plc 
 
24 Queen Street 
 
Manchester 
 
M2 5HX 
 
Telephone: +44 161 850 2633 
 
http://www.vdplc.com/ 
 
NEX EXCHANGE CORPORATE ADVISER: 
 
Alexander David Securities Limited 
 
David Scott -Corporate Finance 
 
James Dewhurst - Corporate Broking 
 
Telephone: +44 (0) 20 7448 9820 
 
http://www.ad-securities.com 
 
49 Queen Victoria Street, London EC4N 4SA 
 
 
 
END 
 

(END) Dow Jones Newswires

September 14, 2017 07:24 ET (11:24 GMT)