CLN Conversion and Total Voting Rights
Pineapple Power Corporation PLC has announced the allotment of 24,000,000 new ordinary shares following the conversion of Convertible Loan Notes, with admission expected around October 14, 2026. Additionally, 11,600,000 new ordinary shares are expected to be admitted to trading around October 19, 2026, and a further 62,200,000 new ordinary shares are expected around October 22, 2026. Following these allotments, the company has £74,000 outstanding in CLNs, convertible into 29,600,000 CLNs. The total number of ordinary shares in issue is now 180,932,877, with each share carrying one vote.
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Pineapple Power Corporation PLC (the “Company”) announces the allotment of 24,000,000 new ordinary £0.001 shares following the conversion of outstanding Convertible Loan Notes (“CLNs).
On 29th June 2026, the Company announced that it had raised £300,000 through the issue of CLNs with a conversion price of £0.0025.
Application has been made for the new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 14 October 2026.
Admission of Shares following the RNS announcements of 21 and 24 September
The Company also announces that further to the announcement of 21 September, application has been made for 11,600,000 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 19 October 2026.
Further to the announcement of 24 September, application has been made for 62,200,000 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange and admission is expected to occur on or about 22 October 2026.
Following the allotment of the above-mentioned 24,000,000 new ordinary shares, the Company has £74,000 outstanding in CLNs, convertible into 29,600,000 CLNs.
Total Voting Rights
Following the issue of the 24,000,000 new ordinary shares, the Company confirms that as at the date of this announcement the Company has 180,932,877 ordinary shares of £0.001 in issue, with each ordinary share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.
The above figure of 180,932,877 may be used by shareholders as the denominator for the calculations by which they will determine whether 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.
Pineapple Power Corporation PLC
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.