EU and US could reach trade deal this weekend - Reuters
LONDON - Geiger Counter Ltd has announced an amendment to its previously communicated shareholder notification regarding subscription rights. Shareholders are reminded of their right to subscribe for new Ordinary Shares at a price of 74.58 pence each, which represents the audited undiluted net asset value per share as of May 1, 2024. This price is currently significantly higher than the market share price.
The company has extended the deadline for shareholders to submit their instructions for the subscription to 1 pm on Friday, April 25, 2025. The entitlement to subscription rights will be allocated on April 9, 2025, based on shareholdings at the close of business on the record date of March 21, 2025.
Those holding shares in uncertificated form will have their entitlements credited in the CREST system, while certificated shareholders are instructed to follow the application process outlined in the form provided by Computershare Investor Services PLC.
The new Ordinary Shares issued upon exercising subscription rights will be allotted within 14 business days following the subscription date, which is set for April 30. A notice detailing the subscription rights has been sent to all shareholders and is available for inspection at the National Storage Mechanism website and on the company’s website.
This amendment and the rights offer are based on a press release statement from Geiger Counter Limited, a company listed on the London Stock Exchange (LON:LSEG). The company has provided contact details for inquiries through its investment management and capital markets partners.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.