28 February 2025
Belluscura plc
("Belluscura" or the "Company")
Result of General Meeting
Directors' shareholdings
Board Changes
Belluscura plc (AIM: BELL), a UK
medical device company focused on developing oxygen enrichment
technology spanning broad industries and therapies, is pleased to
announce that at the General Meeting held
earlier today both the Resolutions were approved by
Shareholders:
|
Resolution
(*indicates special resolution)
|
Votes
for†
|
% of shares
voted
|
Votes
against
|
% of shares
voted
|
|
Resolution 1: To allot, inter alia, the Conditional Placing
Shares, the VCT/EIS Placing Shares and the WRAP Retail Offer
Shares
|
93,467,247
|
99.92
|
73,996
|
0.08
|
|
Resolution 2*: To disapply
Statutory
Pre-Emption Rights
|
93,467,247
|
99.92
|
73,996
|
0.08
|
† Proxy appointments which
gave discretion to the Chairman have been included in the
"for" total.
The Company is pleased to confirm
that as a result of the issue of the Conditional Placing Shares,
the VCT/EIS Placing Shares and the WRAP Retail Offer Shares, which
are subject to Admission, together with the Firm Placing which
completed on 11 February 2025, the Company has raised total gross
proceeds of approximately £4.7 million.
Admission and Total Voting Rights
Application has been made to the
London Stock Exchange for admission of the 109,616,986 Conditional
Placing Shares, the 56,534,389 VCT/EIS Placing Shares and the
33,750,000 WRAP Retail Offer Shares to trading on AIM.
It is expected that Admission will
become effective and dealings in the VCT/EIS Placing Shares and the
WRAP Retail Offer Shares will commence on AIM at 8.00 a.m. on or
around 4 March 2025.
It is expected that Admission will
become effective and dealings in the Conditional Placing Shares and
will commence on AIM at 8.00 a.m. on or around 5 March 2025 ("Third
Admission").
The Conditional Placing Shares, the
VCT/EIS Placing Shares and the WRAP Retail Offer Shares will be
issued fully paid and will rank pari passu in all respects with the
Company's existing Ordinary Shares.
Following the Third Admission on 5
March 2025, the total number of Ordinary Shares in the capital of
the Company in issue will be 401,309,607 with voting rights. This
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company's issued share capital pursuant to the Company's
Articles.
Directors' Shareholdings following Admission
On Third Admission, the revised
shareholdings of the following current Directors will
be:
|
Name
|
Holding of
Ordinary Shares
|
% of Enlarged
issued share capital
|
|
Adam Reynolds
|
4,545,233
|
1.13%
|
|
Robert Rauker
|
3,045,330
|
0.76%
|
|
David Poutney**
|
15,260,554
|
3.80%
|
|
Ric Piper
|
1,808,295
|
0.45%
|
|
Dr Pat Strollo
|
964,630
|
0.24%
|
|
Paul Tuson
|
602,893
|
0.15%
|
|
Bob Fary
|
32,000
|
0.01%
|
** Including shares held by Vivienne
Poutney, Mr Poutney's spouse.
Board Changes
The proposed board changes announced
on 6 February 2025 will become effective upon Third Admission when
Adam Reynolds, David Poutney, Dr Pat Stroller and Bob Fary will
each resign from the Board.
Capitalised terms used in this announcement shall, unless
defined in this announcement or unless the context provides
otherwise, bear the same meaning ascribed to such terms in the
Announcement made by the Company at 5.22 p.m. on 6 February
2025.
Enquiries:
For further
information please contact:
|
Belluscura
plc
|
Tel: +44 (0)20 3128 8100
|
|
Adam Reynolds, Chairman
Robert Rauker, Chief Executive Officer
Simon Neicheril, Chief Financial Officer
|
|
|
SPARK Advisory
Partners Limited
Nominated
Adviser
|
Tel: +44 (0)20 3368 3550
|
|
Neil Baldwin / Jade Bayat
|
|
|
Dowgate Capital
Limited
Joint
Broker
|
Tel: +44 (0)20 3903 7715
|
|
James Serjeant / Colin Clime (Sales and Corporate
Broking)
Russell Cook / Daniel Ingram (Corporate Finance)
|
|
|
|
|
|
Allenby Capital
Ltd
Joint
Broker
|
Tel: +44 (0)20 3328 5656
|
|
Guy McDougall / Amrit Nahal (Sales
and Corporate Broking)
Jeremy Porter / Lauren Wright
(Corporate Finance)
|
|
|
MHP
Financial PR &
Investor Relations
|
Tel: +44 (0)20 3128 8100
email: Belluscura@mhpgroup.com
|
|
Katie Hunt/Matthew Taylor
|
|
For further information, please visit
https://ir.belluscura.com/
Notification and
public disclosure of transactions by persons discharging managerial
responsibilities ("PDMRs") and persons closely associated ("PCA")
with them.
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Adam Reynolds
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Non Executive Chairman
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
2,512,057
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Robert Rauker
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Chief Executive Officer
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
2,009,646
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
David Poutney
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Non Executive Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
1,004,823
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Paul Tuson
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Non Executive Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
602,893
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Dr Patrick Strollo
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Non Executive Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
964,630
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Richard Piper
|
|
2
|
Reason for
notification
|
|
a)
|
Position / status
|
Non Executive Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Belluscura plc
|
|
b)
|
LEI
|
213800BRJQZE56XBPW94
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of £0.01 each in Belluscura plc
ISIN: GB00BD3B8Z11
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares of £0.01 each in a
subscription;
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
2 pence
|
1,728,295
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
28 February 2025
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
