NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement is an advertisement and not a prospectus. Neither this
announcement nor anything contained herein shall form the basis of, or be relied
upon in connection with, any offer or commitment or invitation to purchase,
otherwise acquire, issue, subscribe for, sell or otherwise dispose of any
securities whatsoever in any jurisdiction. Investors should not purchase or subscribe
for any transferable securities referred to in this announcement except on the basis of
information contained in the prospectus in its final form published by Falcon
Acquisitions Limited in connection with the admission of the Company’s ordinary
shares to the Official List of the UK Listing Authority and to trading on the main
market for listed securities of London Stock Exchange plc.
For Immediate Release
Falcon Acquisitions Limited
(“Falcon” or the “Company”)
Publication of Prospectus
Falcon, a company formed to undertake one or more acquisitions of target companies or
businesses in the mobile and online television and video broadcasting sector, is pleased to
announce the publication of the Prospectus in relation to:
•
Subscription of 16,000,000 Ordinary Shares of £0.01 each at £0.10 per Ordinary
Share,
•
a Secondary Fundraising to raise between £1,500,000 and £2,000,000 through the
issue of up to 20,000,000 Ordinary Shares at a price of between £0.10 and £0.30 per
Ordinary Share, and
•
the Admission of up to 40,375,100 Ordinary Shares of £0.01 each to the Official List
(by way of Standard Listing under Chapter 14 of the Listing Rules) and to trading on
the London Stock Exchange’s Main Market for listed securities.
It is expected that the Admission will become effective and that dealings will commence at
8.00 a.m. on 18 January 2016.
It is expected that the Secondary Admission will become effective and that unconditional
dealings in the Ordinary Shares to be issued pursuant to the Secondary Fundraising will
commence on or around the first acquisition, which the Company is targeting to make within
twelve months from Admission.
Availability of the Prospectus
The Prospectus has been approved by the UK Listing Authority and is available for
inspection at http://www.morningstar.co.uk/uk/NSM.
Copies of the Prospectus are also available at the Company’s registered address at 55
Mount Row, St Peter Port, Guernsey, GY1 1NU and from the Company’s website at
http://www.falconacquisitions.com
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
Publication of the Prospectus
13 January 2016
Admission and commencement of dealings
in Ordinary Shares
8.00am on 18 January 2016
CREST members’ accounts credited in respect of
Ordinary Shares
8.00am on 18 January 2016
Ordinary Share certificates dispatched
1 February 2016
ADMISSION STATISTICS
Total number of Ordinary Shares unconditionally issued preAdmission
4,375,100
Total number of Subscription Shares issued conditional on
Admission
16,000,000
Total number of Ordinary Shares in issue on Initial Admission
20,375,100
Estimated costs in relation to incorporation, the Founder
Subscription, the Subscription and Initial Admission
£220,000
Estimated Net Proceeds receivable by the Company
£1,730,000
Market capitalisation of the Company at the Subscription Price on
Initial Admission
£2,037,510
SECONDARY FUNDRAISING STATISTICS
Estimated total number of Ordinary Shares in issue prior to the
Secondary Fundraising
20,375,100
Maximum number of Ordinary Shares to be issued pursuant to the
Secondary Fundraising
20,000,000
Proposed maximum number of Ordinary Shares in issue on
Secondary Admission
40,375,100
Subscription Price per Ordinary Share to be issued pursuant to the
Secondary Fundraising
Estimated costs in relation to the Secondary Fundraising
£0.10 – £0. 30
£100,000
Estimated maximum net proceeds receivable by the Company in
respect of the Secondary Fundraising
£1,900,000
Estimated Combined Net Proceeds receivable by the Company
£3,630,009
For more information:
Gert Rieder, Executive Chairman
+43 51 52 30 00