- Hamilton Global Opportunities plc completes its second capital raising following continued support from qualified European investors by way of private placement
- Proceeds of the issue primarily intended to strengthen Hamilton Global Opportunities' investment capabilities, following the listing on Euronext Growth Paris in April 2021 to provide investors with access to the return on investment of growth equity
- Favourable timing to support continued active investment in high growth, Tech, Fintech, and Medtech companies in the US and Israel
Not for publication, distribution or release, directly or indirectly, in whole or in part, in the United States, Canada, Japan or Australia.
Regulatory News:
Hamilton Global Opportunities plc (ALHGO.PA) announces that on the 27 January it successfully raised €4.5 million from European investors at a price of €49 per share which is in line with the closing price on 26 January 2022.
These new resources strengthen the investment capacity of the listed vehicle Hamilton Global Opportunities plc to accelerate the deployment of its strategic investments in late growth stage companies in the US and Israel.
This capital raising comes after several successful strategic investments in 2021. In July 2021, Hamilton Global Opportunities plc invested $3 million in Exos Financial, which is developing a data-driven platform offering a full range of innovative services to meet the needs of the investment banking industry. In October 2021, Hamilton Global Opportunities plc announced a $3 million investment in Miami International Holdings, Inc, a leading US multi-platform exchange operator.
Gustavo Perrotta, Founder and Chief Executive Officer of Hamilton Global Opportunities plc, declared:"We are very pleased with the success of this capital raising which will allow us to accelerate the deployment of our investment strategy, at an ideal time when many transaction opportunities should arise. This transaction reflects the success of our listing strategy to increase access to regular sources of funding in order to progressively expand our portfolio while strictly adhering to a clearly defined and proven business process. We therefore reiterate our confidence for the year 2022, which should benefit from a favourable transaction dynamic allowing us to capture sustainable value creation alongside innovative growth companies.
Main terms of the operation
A total number of 91,835 new ordinary shares, with a nominal value of 0.0001 euro per share, were issued to qualified investors in accordance with resolution of the Company's Shareholders' Meeting held on 19th April 2021. The new shares were issued by decision of the Board of Directors on 25 January 2022 to implement the delegation of authority granted to it by the Company's General Meeting dated 19 April 2021.
The new shares are fungible with the existing shares and will be admitted to trading on the Euronext growth market under the same ISIN code GB00BMDXQ672 ALHGO. The settlement and delivery of the new shares and their admission to trading on Euronext Growth is expected to take place on the 01 February 2022.
Pursuant to the provisions of Article 1.4 of Regulation (EU) No. 2017/1129 of the European Parliament and of the Council meeting of June 14, 2017, the offering did not and will not require a prospectus to be submitted for approval to the French financial markets' authority.
The Company's share capital will consist of 410,399 shares once settlement-delivery is complete.
Post-operation capital structure
Pre-operation | Post operation | |||||
Number of
| Number of
| % of capital | Number of
| Number of
| % of capital | |
Gustavo PERROTTA | 88,571 | 88,571 | 27.8% | 88,571 | 88,571 | 21.6% |
Sir Peter MIDDLETON | 2,500 | 2,500 | 0.8% | 2,500 | 2,500 | 0.6% |
Bianca COSTANZA GRANARA | 2,500 | 2,500 | 0.8% | 2,500 | 2,500 | 0.6% |
Institutional investors Free-float | 224,993 | 224,993 | 70.6% | 316,828 | 316,828 | 77.2% |
TOTAL | 318,564 | 318,564 | 100.0% | 410,399 | 410,399 | 100.0% |
Risk factors
The reader's attention is drawn on the risk factors relating to the Company and its business, presented in Section 3 "Risk Factors" of Part 1 of the Company's information document. The occurrence of some or all of those risks could have an adverse effect on the Company's business, financial condition, results of operations, development or prospects.
About Hamilton Global Opportunities
Hamilton Global Opportunities PLC ("HGO") is an investment company listed on the Euronext Growth Market focusing on investments in Tech, Fintech and MedTech principally in the United States and Israel. The HGO management team has significant relevant experience in structuring direct investments in the areas above mentioned. For more information, please visit: hamiltongo.eu
IMPORTANT INFORMATION
This press release and the information it contains are not an offer to sell or subscribe to, or a solicitation of an order to buy or subscribe to the shares of Hamilton Global Opportunities Plc in any country.
This press release constitutes promotional material and is not a prospectus within the meaning of Regulation (EU) No. 2017/1129 of the European Parliament and of the Council meeting of June 14, 2017 (the "Prospectus Regulation").
In the Member States of the European Economic Area and in the United Kingdom, this communication and any offering made hereunder are directed only at persons who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation.
This press release does not constitute an offer of securities for sale nor the solicitation of an offer to purchase securities in the United States.
The shares or any other securities of Hamilton Global Opportunities Plc may not be offered or sold in the United States except pursuant to a registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or pursuant to an exemption from such registration requirement, it being specified that the shares of Hamilton Global Opportunities Plc have not been and will not be registered under the U.S. Securities Act. Hamilton Global Opportunities Plc does not intend to register the offering in whole or in part in the United States or to make a public offer in the United States.
In the United Kingdom, this press release has not been distributed by and has not been approved by an "authorized person" within the meaning of section 21(1) of the Financial Services and Markets Act 2000.
Accordingly, this press release is directed only at persons who (i) are investment professionals within the meaning of section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as currently in force, the "Financial Promotion Order"), (ii) are persons falling within Article 49(2) (a) to (d) ("high net worth companies, unincorporated associations etc.") or (iii) are persons falling within Article 49(2) (a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, (iii) are outside the United Kingdom (all such persons being together referred to as the "Authorized Persons"). This press release is addressed only to Authorized Persons and may not be used by any person other than an Authorized Person.
This press release contains guidance on Hamilton Global Opportunities Plc's objectives and forward-looking statements. This information is not historical data and should not be construed as a guarantee that the stated facts and data will occur. The information is based on data, assumptions and estimates considered reasonable by Hamilton Global Opportunities Plc. The Company operates in a competitive and rapidly changing environment. It is therefore unable to anticipate all of the risks, uncertainties or other factors that may affect its business, their potential impact on its business or the extent to which the materialization of a risk or combination of risks could cause results to differ materially from those mentioned in any forward-looking information. The information is given only as of the date of this press release. Hamilton Global Opportunities Plc makes no commitment to publish updates to this information or to the assumptions on which it is based, except for any legal or regulatory obligation applicable to it.
The distribution of this press release may, in certain countries, be subject to specific regulations. Consequently, persons physically present in these countries and in which the press release is disseminated, published or distributed must inform themselves and comply with these laws and regulations.
This press release must not be published, transmitted or distributed, directly or indirectly, in the United States, Australia, Canada or Japan.
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Contacts:
Hamilton Global Opportunities
Gustavo Perrotta
Founder CEO
gp@hamiltongo.eu
Gavin Alexander
Partner
ga@hamiltongo.eu
Andrew Wynn
Partner
aw@hamiltongo.eu
NewCap
Louis-Victor Delouvrier
Investor Relations
hamilton@newcap.eu
+33 (0)1 44 71 98 53
NewCap
Nicolas Merigeau
Media Relations
hamilton@newcap.eu
+33 (0)1 44 71 94 98
