Concha plc Exercise of Warrants (0999F)
17 Abril 2014 - 11:07AM
UK Regulatory
TIDMCHA
RNS Number : 0999F
Concha plc
17 April 2014
17 April 2014
Concha PLC
("Concha" or the "Company")
Exercise of Warrants
Concha (AIM: CHA) announces that it has received notice of the
exercise of 5,999,999 warrants thereby generating gross cash
proceeds of GBP18,000 for the Company. Further detail on the
warrant exercise is below:
Exercise price (pence) Expiry date Number of warrants
exercised
----------------------- ----------------- -------------------
0.30 27 February 2015 5,999,999
----------------------- ----------------- -------------------
Following the exercise of the warrants, the total number of
warrants outstanding will be 267,415,496.
Admission to Trading & Total Voting Rights
Pursuant to the above exercise, 5,999,999 new ordinary shares of
0.1 pence each in the Company (the "New Ordinary Shares") have been
issued and allotted and application has been made for their issue
to trading on AIM. The New Ordinary Shares will rank pari passu in
all respects with the existing ordinary shares. It is expected that
admission will become effective and that dealings in the New
Ordinary Shares will commence at 8.00 a.m. on 22 April 2014.
Following admission of the New Ordinary Shares, the Company's
issued share capital will consist of 950,667,117 ordinary shares
with voting rights. Concha does not hold any ordinary shares in
treasury. The aforementioned figure of 950,667,117 ordinary shares
may be used by shareholders in the Company 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,
Concha under the FCA's Disclosure and Transparency Rules.
Enquiries:
Concha PLC 07767 775888
Chris Akers, Executive Chairman www.concha-plc.com
Strand Hanson Limited 020 7409 3494
James Harris / Andrew Emmott / Ritchie
Balmer
This information is provided by RNS
The company news service from the London Stock Exchange
END
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