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Exerise of Warrants

In brief · summary, not quotable

Warrants exercised for 2.2 million shares at 5p, raising £110,000 gross proceeds.

  • Warrants exercised 2,200,000
  • Exercise price per warrant £0.05
  • Gross proceeds £110,000
  • Enlarged share capital 229,961,707 ordinary shares
Full announcement

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The Company has received notice to exercise 2,200,000 warrants at £0.05. The gross proceeds of £110,000 will be dedicated to our work programmes and general working capital.

Admission and Total Voting Rights

The Company will seek admission of an aggregate of 2,200,000 new ordinary shares of 1 pence par value to trading on the Equity (transition) category of the Official List and the London Stock Exchange from 8.00 a.m. on 5 August 2026 ("Admission").

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged share capital will comprise 229,961,707 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.

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

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