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Conversion Notice and Total Voting Rights

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SkinBioTherapeutics plc, (AIM: SBTX, or the "Company"), the life science business focused on skin health, announces that it received a Conversion Notice on 20 June 2024 from Macquarie ("Macquarie") for £100,000 of Convertible Bonds from the £5.0 million convertible bond facility announced on 25 January 2024. The Company has drawn a total of £1,600,000 under the Facility.

SkinBioTherapeutics will issue 1,116,814 ordinary shares of £0.01 per share ("Ordinary Shares") at a conversion price of 8.954040p per Ordinary Share.

Admission and Total Voting Rights

Application has been made for the 1,116,814 new ordinary shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, to be admitted to AIM, which is expected to occur on or around 8.00 a.m. on 2 July 2024 ("Admission"). Upon Admission, the total number of issued shares and the total number of voting rights in the Company will be 203,372,037.

The above figure of 203,372,037 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

596/2014.

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

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