Exercise of Warrants
Defence Holdings PLC announced the exercise of warrants for 69,800,000 ordinary shares, each with a value of £0.001. Consequently, the company will issue 69,800,000 new ordinary shares to warrant holders, with 59,800,000 shares going to a single holder who has sold them to prevent a large block of stock impacting the market. Application has been made for these new shares to be admitted to trading on the London Stock Exchange Main Market, with dealings expected to begin around October 6, 2025. Following admission, the company's total issued and voting share capital will be 2,078,666,131 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your ALRT notes
Defence Holdings PLC (ALRT) announces that it has received notices from warrant holders to exercise warrants over a total of 69,800,000 ordinary shares of £0.001 each in the Company (“Ordinary Shares”).
Accordingly, the Company will issue 69,800,000 new Ordinary Shares to the warrant holders. Of these, 59,800,000 Ordinary Shares will be issued to a single warrant holder pursuant to the exercise of their warrants. The relevant shares have been sold by that holder, ensuring that no material block of stock will come to market following issue.
Admission and Total Voting Rights
Application will be made for the 69,800,000 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 6 October 2025.
Following Admission, the Company's total issued and voting share capital will consist of 2,078,666,131 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.