Exercise of Open Offer Warrants
Supply@ME Capital plc announced that holders of Open Offer Warrants have exercised 13,122 warrants, resulting in the issuance of 13,122 new ordinary shares and the receipt of £8.53. Following the expected admission of these shares to the London Stock Exchange on or around June 12, 2026, the company's issued share capital will comprise 71,732,839,918 ordinary shares, with 160,075,029 Open Offer Warrants remaining outstanding. This updated share count is important for shareholders calculating their notification requirements under FCA rules.
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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 13,122 Open Offer Warrants. Accordingly, the Company will issue 13,122 new ordinary shares of £0.00002 nominal value each ("Ordinary Shares"), and £8.53 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 13,122 new Ordinary Shares admitted to trading on the main market for listed securities of the LSE, with admission expected to occur on or around 12 June 2026 ("Admission").
Following Admission, 160,075,029 Open Offer Warrants will remain outstanding, and the Company's issued share capital will comprise 71,732,839,918 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.