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DJ First Sentinel Plc Placing

 
TIDMFSEN 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR 
INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, RUSSIA, THE 
REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD 
CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION. 
 
This announcement does not constitute a prospectus or offering memorandum or an 
offer in relation to any securities of First Sentinel Plc or of any other 
entity and should not be considered as a recommendation that any person should 
subscribe for or purchase any such securities. 
 
This announcement contains inside information for the purposes of the Market 
Abuse Regulation (EU No. 596/2014) ("MAR"). Upon the publication of this 
announcement, this inside information is now considered to be in the public 
domain and shall therefore cease to be inside information. 
 
20 March 2020 
 
                              First Sentinel Plc 
 
                      ("First Sentinel" or the "Company") 
 
                                    Placing 
 
First Sentinel Plc ("First Sentinel" or the "Company") (AQSE: FSEN) is pleased 
to announce that today it has raised gross proceeds of GBP388,962.00 through the 
placing of 1,944,810 new ordinary shares in the Company at a placing price of 
20 pence per ordinary share (the "Placing Shares"). 
 
The net proceeds of the Placing will be used by the Company for working capital 
purposes. 
 
Applications have been made for admission of the Placing Shares to the AQSE 
Growth Market (the "AQSE"). It is expected that settlement for the Placing 
Shares and Admission will take place at 8.00 a.m. on 26 March 2020. 
 
The Placing Shares will, when issued, be credited as fully paid and will rank 
pari passu in all respects with the existing ordinary shares in the Company. 
 
Following the admission of the Placing Shares, the Company's total issued share 
capital will consist of 25,009,673 ordinary shares, each share carrying the 
right to one vote. 
 
The above figure of 25,009,673 should be used by shareholders in the Company 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 
share capital of the Company under the Financial Conduct Authority's Disclosure 
and Transparency Rules. 
 
About First Sentinel 
 
First Sentinel is an alternative investment company, registered with the FCA as 
a small authorised UK AIFM, which provides growth capital for public and 
private company investments. First Sentinel invests in a range of debt and 
equity instruments in target portfolio companies. 
 
The Company's website is www.first-sentinel.com 
 
For further corporate information, please contact: 
 
Mr. Brian Stockbridge 
CEO 
First Sentinel Plc 
Tel: + 44 (0) 7876 888 011 
 
AQSE Corporate Advisor 
Beaumont Cornish Limited 
James Biddle / Roland Cornish 
Tel: +44(0)20 7628 3396 
 
 
 
END 
 

(END) Dow Jones Newswires

March 20, 2020 12:08 ET (16:08 GMT)