FGG - ANNOUNCEMENT
Only 20m shares being issued not 40m as expected.
Get ready for lift off!
In view of the higher prevailing trading price and strong interest in the Company shares the Board of Directors of the Company has decided to issue only 20 million shares instead of the approved amount of 40 million shares. The 20 million shares is being subscribed by a prior committed strategic investor as part of the second tranche arrangement (“Tranche 2”) of the private placement announced on 4 December 2017.
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