The UK's premier online interior design store, revolutionizing the way we design and shop for our homes.
- Glasgow, United Kingdom
Categories: Content & Information Mixed Digital/Non-Digital B2C
The award-winning Houseology.com website is the UK's leading online interior design store, disrupting the way customers design and shop for their homes online – and the way designer brands reach a unique target audience.
Details of the new share issue
The company has proposed a new issue of 134,680 ordinary shares in the capital of the company. The Company's intended share issue is as follows:
1. the issue of 60,125 shares in connection with part of the consideration to be paid for a proposed acquisition by the company,
2. 55,315 shares to form the basis of a pool of shares for the grant of options to employees; and
3. the issue of up to 19,240 shares for a proposed fund raising to raise additional cash for the operation of the Company, and as part payment for the acquisition.
Further details can be found in the 'Shareholder Letter' document attached.
As this is a pre-emption campaign available only to existing shareholders, limited information is being provided about the Company.