Exercise of Warrants

In brief · summary, not quotable

Defence Holdings PLC announced the exercise of warrants for 55,192,308 ordinary shares. Specifically, 53,692,308 warrants will be exercised at a price of 0.325p each, while 1,500,000 warrants will be exercised at 1.4p per share. The company will issue these new ordinary shares and has applied for their admission to trading on the London Stock Exchange Main Market, with dealings expected to commence around September 15, 2025. Following admission, the company's total issued and voting share capital will consist of 2,001,714,797 ordinary shares.

Full announcement

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Defence Holdings PLC (ALRT) announces that it has received notices of exercise of warrants from warrant holders in respect of 55,192,308 warrants over ordinary shares of £0.001 each in the Company ("Ordinary Shares"). Of these, 53,692,308 warrants have an exercise price of 0.325p and 1,500,000 warrants have an exercise price of 1.4p per Ordinary Share. As a result, the Company will issue a total of 55,192,308 new Ordinary Shares to the warrant holders.

Admission and Total Voting Rights

Application will be made for the 55,192,308 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the London Stock Exchange Main Market ("Admission"). Dealings are expected to commence on or around 15 September 2025.

Following Admission, the Company's total issued and voting share capital will consist of 2,001,714,797 Ordinary Shares. The Company does not hold any ordinary shares in treasury.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.