Tekcapital plc Exercise of warrants and total voting rights (8064G)
24 Novembre 2015 - 3:14PM
UK Regulatory
TIDMTEK
RNS Number : 8064G
Tekcapital plc
24 November 2015
24 November 2015
Tekcapital plc
("Tekcapital" or "Company")
Exercise of warrants and total voting rights
Tekcapital plc (AIM: TEK), an international provider of
technology and intellectual property services, announces that the
Company has issued 95,000 new ordinary shares of 0.4 pence each
("Ordinary Shares") following the exercise by Northland Capital
Partners Limited ("Northland") of all of its warrants over new
Ordinary Shares (the "Warrants").
The Warrants, which were granted to Northland at the time of the
Company's admission to AIM, have an exercise price of 25 pence per
Ordinary Share, which is equivalent to the issue price of the
Ordinary Shares that were issued in the placing which accompanied
Tekcapital's admission to AIM. Further details of the Warrants can
be found in the Company's Admission Document dated 31 March
2014.
Application will be made for the 95,000 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), which is expected to
become effective on or around 30 November 2015. Upon Admission, the
95,000 new Ordinary Shares will rank pari passu in all respects
with the existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in
issue will be 34,843,339. Accordingly, the figure of 34,843,339 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 under the
FCA's Disclosure and Transparency Rules.
For further information please contact:
+1 305 200 3450
Tekcapital Plc Ext 305
Clifford M. Gross info@tekcapital.com
Allenby Capital Limited (Nominated
Adviser & Joint Broker) +44 (0)20 3328 5656
Jeremy Porter / Alex Brearley
Optiva Securities Limited (Joint
Broker) +44 (0)20 3137 1904
Jeremy King / Vishal Balasingham jeremy.king@optivasecurities.com
Walbrook PR Ltd +44 (0)20 7933 8780
Paul Cornelius / Paul McManus tekcapital@walbrookpr.com
Tekcapital plc - The World's Largest University Network for Open
Innovation
Tekcapital helps clients profit from new, university-developed
intellectual properties. With our proprietary discovery search
engine, linked to 4,000+ universities in 160 countries, coupled
with expert scientific review, we provide a turn-key service to
make it easy for clients to find and acquire the IP they need to
create a competitive advantage. Tekcapital plc is listed on the AIM
market of the London Stock Exchange (AIM: symbol TEK) and is
headquartered in Oxford, in the UK. For more information, please
visit www.tekcapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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