Exercise of Open Offer Warrants
Supply@ME Capital plc announced that holders of its Open Offer Warrants have exercised 112,346 warrants, resulting in the issuance of 112,346 new ordinary shares and the receipt of £73.03. These new shares are expected to be admitted to trading on the London Stock Exchange around 29 April 2026. Following this, 160,088,151 Open Offer Warrants will remain outstanding, and the company's total issued share capital will stand at 71,732,826,796 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your SYME notes
SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, is pleased to announce that, further to the issue of 320,855,008 warrants to certain qualifying shareholders who participated in its open offer which completed on 17 August 2022 (the "Open Offer Warrants"), holders of Open Offer Warrants have elected to exercise 112,346 Open Offer Warrants. Accordingly, the Company will issue 112,346 new ordinary shares of £0.00002 nominal value each ("Ordinary Shares"), and £73.03 will be received by the Company as a result of the exercise of such Open Offer Warrants.
The Company has made applications to the London Stock Exchange plc (the "LSE") to have 112,346 new Ordinary Shares admitted to trading on the main market for listed securities of the LSE, with admission expected to occur on or around 29 April 2026 ("Admission").
Following Admission, 160,088,151 Open Offer Warrants will remain outstanding, and the Company's issued share capital will comprise 71,732,826,796 Ordinary Shares. This figure may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.