Exercise of Share Warrants, PDMR Dealings & TVR
Warrant holders exercise 9.6m warrants at 1p per share; admission to AIM expected 3 September 2025.
- Warrants exercised 9,575,000
- Exercise price 1p per share
- Tracarta warrants exercised 4,000,000
- Tracarta holding post-admission 8.73% of enlarged share capital
- Total voting rights post-admission 993,285,470
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Kazera Global plc, the AIM-quoted investment company, announces that it has received notice from warrant holders to exercise an aggregate of 9,575,000 warrants over ordinary shares of 0.1p each in the Company ("Ordinary Shares") at an exercise price of 1p per Ordinary Share ("Warrants"). This includes 4,000,000 warrants held by Tracarta Limited (a company of which John Wardle, Chairman of Kazera, is the ultimate beneficial owner).
Following the Warrant Exercise and subject to Admission, Tracarta Limited will hold 75,400,000 warrants and have an interest in 86,681,095 Ordinary Shares, representing 8.73% of the enlarged issued share capital of the Company.
Admission to trading on AIM
Application will be made to the London Stock Exchange for admission of the 9,575,000 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00am on or around 3 September 2025. The new Ordinary Shares will, upon issue, rank pari passu with the Company's existing issued Ordinary Shares.
Total Voting Rights
Following Admission, the Company's issued ordinary share capital will comprise 993,285,470 Ordinary Shares of 0.1p each, with one voting right each. The Company does not hold any Ordinary shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 993,285,470.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Dr John Wardle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Chairman | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | Kazera Global plc | |
| b) | Legal Entity Identifier | 213800U4PZ148SFLGY26 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.1 pence each GB00B830HW33 | |
| b) | Nature of the transaction | Exercise of Warrants | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1.00 pence | 4,000,000 | ||
| e) | Aggregated information - Aggregated volume - Price - Aggregated total | N/A - Single Transaction | |
| f) | Date of the transaction | 28 August 2025 | |
| g) | Place of the transaction | Off Market | |
| Kazera Global plc Dennis Edmonds, CEO | kazera@stbridespartners.co.uk | ||
| Strand Hanson Limited (Nominated, Financial Adviser and Broker) Christopher Raggett / Ritchie Balmer | Tel: +44 (0)207 409 3494 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.