Conversion of Notes and Allotment of Shares
Iconic Labs PLC has announced the conversion of one convertible note, with an aggregate principal amount of £5,000, into 427,350 ordinary shares at a conversion price of £0.0117 per share. These new shares, which rank pari passu with existing ordinary shares, are expected to be admitted to trading on the London Stock Exchange around September 1, 2026. Following this issuance, the Company's total issued ordinary share capital will be 17,207,997 shares, which shareholders should use as the denominator for calculating their notification obligations under the FCA's Disclosure Guidance & Transparency Rules.
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Iconic Labs PLC (LSE:ICON), announces that it has received a valid Conversion Notice.
The Conversion Notice was dated 25 August 2026 and provides for 1 Convertible Note to be converted into 427,350 ordinary shares of £0.0001 in the Company ("Ordinary Shares") at a conversion price of GBP 0.0117 at the aggregate principal amount of £5,000.
Application is therefore being made for an aggregate of 427,350 new Ordinary Shares to be admitted to trading on the Main Market of the London Stock Exchange which is expected to be on or around 1 September 2026. These shares rank pari passu with the existing Ordinary Shares of the Company.
Following the issue of these shares, the Company's issued ordinary share capital shall consist of 17,207,997 Ordinary Shares. The figure of 17,207,997 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance & Transparency Rules.
For any further information or enquiries please contact:
| Iconic Labs John Farquharson, Chief Executive Officer | via Yellow Jersey PR |
| AlbR Capital Limited David Coffman / Daniel Harris | Tel: +44 (0) 20 7469 0930 |
| Yellow Jersey PR Charles Goodwin Annabelle Wills | Tel: +44 (0) 20 3004 9512 iconic@yellowjerseypr.com |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.