RNS Number : 5514D

Dukemount Capital PLC

20 October 2022

Dukemount Capital Plc ("Dukemount" or the "Company") Issue of Equity

Further to its announcement of 10 October 2022 regarding further funding and funding restructuring, Dukemount Capital Plc, has issued 128,132,190 ordinary shares following notice received to convert a portion of the outstanding amount on the funding agreement dated 14 September 2021 (as amended on 10 October 2022 by a deed of variation) (the "Funding Agreement").

When issued, the New Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the New Shares.

Application will be m ade to the Financial Conduct Authority ("FCA") for admission of the New Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the New Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at 8 a.m. on or around 25 October 2022 and that dealings in the New Shares on the LSE's main market for listed securities will commence at the same time.

Total Voting Rights

The Company does not hold any Ordinary Shares in treasury. Therefore, following Admission, the total number of voting rights in Dukemount Capital plc

is 716,243,164. 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 in their interest in, the Company under the FCA's

Disclosure Guidance and Transparency Rules.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018).

For further information, please visit www.dukemountcapitalplc.com or contact:

Dukemount Capital Plc 
Geoffrey Dart / Paul Gazzard 
Media Enquries 
Miriad Media, Zak Mir     Tel: +44 (0)7867 527 

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(END) Dow Jones Newswires

October 20, 2022 04:26 ET (08:26 GMT)

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