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Exercise of Warrants and Total Voting Rights

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MicroSalt plc, a company commercialising a patented technology to produce full-flavour, low-sodium salt for food manufacturers and consumers, announces that 174,419 ordinary shares of £0.001625 each ("Ordinary Shares") have been allotted to certain shareholders.

Exercise of Warrants

Further to the announcement dated 24 May 2024, the Company has exercised its right under the warrant instrument dated 26 January 2024 to call outstanding warrants over 7,313,976 Ordinary Shares ("Warrants"), pursuant to which a further 174,419 Ordinary Shares have been issued to warrant holders ("Warrant Exercise"). The Warrants are exercisable at a price of 47.3 pence per Ordinary Share. Further details of the Warrants are contained in the Company's Admission Document, available on the Company's website www.microsalt.co.

Application has been made to the London Stock Exchange for the admission of 174,419 new Ordinary Shares. It is expected that admission will become effective on or around 16 July 2024 ("Admission").

Total Voting Rights

Following Admission, the total number of ordinary shares and voting rights in the Company will be 47,472,945. The Company does not hold any shares in treasury.

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

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