EGM Statement


 

TIDMMWH 
 
RNS Number : 7594T 
Millwall Holdings PLC 
04 October 2010 
 

 
                      Millwall Holdings PLC (the "Company") 
                                  EGM Statement 
 
04 October 2010 
 
The Company today announces that it is proposing to raise up to GBP11 million 
(approximately) by way of an open offer of ordinary shares to all shareholders 
pro rata to their existing shareholdings at the record date for the open offer. 
Chestnut Hill Ventures, LLC, a major shareholder in the Company, has agreed to 
take up its open offer entitlements and underwrite the open offer up to an 
aggregate amount of  GBP10 million.  The fundraising will enable the Company to 
reduce substantially its level of borrowings, improve its net asset position and 
will provide working capital for Millwall Football Club. Further details of the 
proposed open offer will be announced in due course. 
 
For further information please contact: 
 
+---------------------------------------+---------------------+ 
| Millwall Holdings PLC                 | Tel: +44 20 7232    | 
|                                       | 1222                | 
+---------------------------------------+---------------------+ 
| Andy Ambler                           |                     | 
+---------------------------------------+---------------------+ 
| Tom Simmons                           |                     | 
+---------------------------------------+---------------------+ 
|                                       |                     | 
+---------------------------------------+---------------------+ 
| Singer Capital Markets Ltd            | Tel: +44 203 205    | 
|                                       | 7500                | 
+---------------------------------------+---------------------+ 
| Jeff Keating                          |                     | 
+---------------------------------------+---------------------+ 
| Nick Donovan                          |                     | 
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|                                       |                     | 
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|                                       |                     | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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