Corcel PLC Fundraising -- Broker Option Issue of Shares - TVR (2200W)
16 Agosto 2022 - 11:39AM
UK Regulatory
TIDMCRCL
RNS Number : 2200W
Corcel PLC
16 August 2022
16 August 2022
Corcel PLC
("Corcel" or the "Company")
Fundraising - Broker Option Issue of Shares - TVR
Corcel, the natural resource exploration and development company
with interests in battery metals and flexible energy generation and
storage announces that following the successful passing of the
resolutions at the General Meeting of the Company held on 15 August
2022 the Company has today issued 5,330,000 new ordinary shares of
GBP0.0001 each at a price of GBP0.004 (the 'Broker Option Shares')
in respect of the Broker Option that formed part of the fundraise
announced to the Market on 20 July 2022 and 27 July 2022.
Application has been made for the 5,330,000 Broker Option Shares
to be admitted to trading on AIM and it is expected that their
admission to AIM will take place on or around 22 August 2022
('Admission').
Following Admission, the Company's total issued share capital
will consist of 530,208,295 Ordinary shares, with one voting right
per share. The Company does not hold any shares in treasury.
Therefore, the total number of Ordinary shares and voting rights in
the Company will be 530,208,295 from Admission. This figure may be
used by shareholders in the Company as a 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
share capital of the Company pursuant to the FCA's Disclosure
Guidance and Transparency Rules.
Scott Kaintz 020 7747 9960 Corcel Plc CEO
James Joyce / Andrew de Andrade 0207 220 1666 WH Ireland Ltd NOMAD & Broker
Simon Woods 0207 3900 230 Vigo Consulting IR
The information contained within this announcement is deemed to
constitute inside information as stipulated under the retained EU
law version of the Market Abuse Regulation (EU) No. 596/2014 (the
"UK MAR") which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018. The information is disclosed in accordance
with the Company's obligations under Article 17 of the UK MAR. Upon
the publication of this announcement, this inside information is
now considered to be in the public domain.
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END
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August 16, 2022 10:39 ET (14:39 GMT)
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