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Grafenia plc - Block admission application

RNS Number : 1212E
Grafenia plc
26 February 2020
 

26 February 2020

 

Grafenia plc

("Grafenia", the "Group" or "Company")

 

Block admission application

 

Grafenia (AIM: GRA) announces that an application has been made to the London Stock Exchange for admission to AIM for a block admission of 3,026,306 new ordinary shares of one penny each in the Company ("New Ordinary Shares").   

 

The New Ordinary Shares will be issued in the event of the exercise of employee share options under the Company's 2017 Save as You Earn Share Scheme.

 

Upon exercise, the New Ordinary Shares will be issued credited as fully paid and will rank, pari passu, in all respects with the existing ordinary shares.

It is expected that such admission will become effective on or around 2 March 2020. 

For further information:

 

Grafenia plc

 

 

 

Peter Gunning (Chief Executive Officer)

07973 191 632

 

 

Allenby Capital Limited (Nominated Adviser and broker)

 

David Hart / Liz Kirchner / Nicholas Chambers

0203 328 5656

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Grafenia Plc

Price: 5

Market: AIM
Market Cap: £5.68 m
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