REG - Earnz PLC - Proposed Acquisition, Placing, CLN, RCF & GM
EARNZ PLC (AIM: EARN) announced a proposed acquisition of GEM Newco Limited for up to £23.55M, including cash, loan notes, and shares. The company plans to raise £4.7M through a share placing, convertible loan note, and retail offer. Additionally, a £5M revolving credit facility with HSBC is expected. Funds will be used for the acquisition and working capital.




