FINPROM Findings
2“fixed price of £5.64 per Placing Share... institutional investors... fund opportunistic and strategic purchases of further U3O8... working capital and general corporate purposes”
Institutional-only placing with a clear uranium-purchase use of proceeds. Fixed price, no retail offer component, and standard accelerated bookbuild mechanics. Well-structured for the asset class.
“Due to strong investor demand, the Company agreed with the Bookrunner to increase the size of the Placing to approximately US$175 million from the approximately US$125 million originally proposed”
Upsized placing driven by genuine institutional demand with transparent reporting of the increase. Standard result announcement with no compliance concerns.
RNS Announcements
2RESULTS OF PLACING
THIS ANNOUNCEMENT AND THE INFORMATION IN IT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR WITHIN THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SINGAPORE, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) N…
Proposed Uranium Purchase and New Share Placing
THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SINGAPORE, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PURSUANT TO AN EXEMPTION FROM THE U.S. COMMODITY FUTURES TRADING COMMISSION (THE "CFTC") IN CONNECTION WITH POOLS WHOSE PARTICIPANTS ARE LIMITED TO QUALIFIED ELIGIBLE PERSONS, AN OFFERING MEMORANDUM FOR THIS POOL IS NOT RE…
Board of Directors
7| Name | Role | Appointed | Status |
|---|---|---|---|
| Alan Rule | Non-Executive Director | — | active |
| ANDRE LIEBENBERG | Non-Executive Director | — | active |
| CAROLE WHITTALL | Non-Executive Director | — | active |
| Sofia Bianchi | Chief Executive Officer | — | active |
| The Hon Alexander Downer | Non-Executive Director | — | active |
| The Lord St John of Bletso | Chairman | — | active |
| ZOE RIZZUTO | Chief Financial Officer | — | active |