Exercise of Warrants
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MicroSalt plc, (AIM:SALT) a company commercialising a patented technology to produce full-flavour, low-sodium salt for food manufacturers and consumers, announces that following the share price exceeding 129 pence earlier this week, the Company has exercised its right under the warrant instrument dated 26 January 2024 to call the outstanding warrants over 7,213,975 ordinary shares of £0.001625 each ("Ordinary Shares"), which were granted at the time of the Company's admission to trading on AIM. The warrants are exercisable at a price of 47.3 pence per warrant and warrant holders now have until 6 June 2024 to exercise their warrants and deliver the relevant documents and exercise monies to the Company. Further details on the warrants are contained in the Company's Admission Document, available on the Company's website www.microsalt.co.
Applications will be made to the London Stock Exchange for admission of any Ordinary Shares allotted and issued following the exercise of warrants.
For further information, please visit www.microsaltinc.co, follow on X @microSaltPLC or contact:
| MicroSalt plc | Via Flagstaff PR |
| Rick Guiney, CEO | |
| Zeus (Nominated Adviser and Broker) | +44 (0)20 3829 5000 |
| David Foreman / James Edis (Investment Banking) | |
| Dom King (Corporate Broking), Rupert Woolfenden (Sales) | |
| Flagstaff Strategic and Investor Communications | +44 (0)20 7129 1474 |
Tim Thompson / Alison Allfrey / Anna Probert microsalt@flagstaffcomms.com
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