Capital Raised

Since August 2015, IHL has raised £55m through private placements, the details of which can be found below:

Date

Nature

Counterparty

Number of shares

Price per share

Total number of shares in issue (ISC)

10 February 2015

Issue on Incorporation

Joyful Oceantides Limited

1

£1.00

 

31 March 2015

Consideration Issue

Oceantides Property Holdings Limited

2,650,000

£1.00

2,650,000

14 October 2015

 

Private Placement

12,350,000

£1.00

15,000,000

20 October 2015

 

Private Placement

13,875,000

£1.00

28,875,000

20 November 2015

 

Private Placement

6,125,000

£1.00

35,000,000

23 Febuary 2016

 

Private Placement

13,000,000

£1.00

48,000,000

30 March 2016

 

Private Placement

7,000,000

£1.00

55,000,000