Evrima Plc - Warrant Re-strike and Extension
PR Newswire
London, November 13
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY EVRIMA PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
EVRIMA PLC
("Evrima" or the "Company")
EXTENSION OF WARRANT LIFE
Evrima Plc (AQSE: EVA) announces that the 3,610,000 warrants (the 36,100,000 warrants that became subject to the share consolidation which came into effect on 25thAugust 2020), that were issued on 31stDecember 2017 and that were due to expire on 23rdNovember 2020, have had their expiry date extended to 23rdMay 2022 ("Extended Warrants"). The Extended Warrants were originally granted with an exercise price, adjusted for the share consolidation above-mentioned, of 5 pence per share. The Extended Warrants will now have an exercise price from 23rdNovember 2020 of 6 pence each, to reflect the warrant grant exercise price pursuant to the share placing announced by the Company in July 2020.
The Extended Warrants that total 3,610,000 are as follows:
Warrantholder | No. of Warrants Held |
Geoffrey Sambrook | 200,000 |
Alpha Corporate Services (Bermuda) Ltd.* | 2,700,000 |
Mark Jackson | 600,000 |
Graham Jones | 80,000 |
Alistair Ballantyne | 10,000 |
Peter Short | 20,000 |
*Alpha Corporate Services (Bermuda) Ltd. is a trust to which Simon Grant-Rennick, a Director, is an adviser.
The Directors of the Company, who have issued this RIS announcement after due and careful enquiry, accept responsibility for its content.
REGULATORY ANNOUNCEMENT ENDS
Evrima plc:
Simon Grant-Rennick
E-mail: simon@evrimaplc.com
Keith, Bayley, Rogers & Co. Limited (Aquis Exchange Corporate Adviser):
Graham Atthill-Beck
E-mail: Graham.Atthill-Beck@kbrl.co.uk
Brinsley Holman
Brinsley.Holman@kbrl.co.uk
Mob: +44 7776 30 22 28
Peterhouse Capital Limited (Corporate Stockbroker):
Lucy Williams: +44 (0) 20 7469 0930
Duncan Vasey: +44 (0) 20 7220 9797 (Direct)
