28 June 2024
Aukett Swanke Group
Plc
("Aukett Swanke",
the "Company," "ASG", or, together with its subsidiaries, the
"Group")
Warrant exercise
Aukett Swanke (AIM: AUK), the Architecture and
Smart Buildings Group, announces that it has received a warrant
exercise notice to subscribe for 5,000,000 new ordinary shares of
one penny each ("Ordinary Shares") in the Company at the exercise
price of one penny each (the "Warrant Shares"), resulting in total gross proceeds to the Company of £50,000.
The Warrant Shares will rank pari passu with the existing
Ordinary Shares.
Application has been made to the
London Stock Exchange for admission ("Admission") of the 5,000,000
Warrant Shares to be issued to trading on AIM. It is expected
that Admission will occur on or around 2 July 2024.
On Admission, the Company's issued
ordinary share capital will consist of 341,072,100 Ordinary Shares,
with one vote per share. The Company does not hold any Ordinary
Shares in treasury. Therefore, on Admission, this figure may 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 FCA's Disclosure Guidance
and Transparency Rules.
Following the exercise of these
warrants there are 37,500,000 warrants outstanding which, if
exercised, would raise a further £375,000 for the
Company.
Contacts
Aukett Swanke Group
Plc
+44 (0) 20 7843 3000
Clive Carver,
Chairman
Nick Clark, Chief
Executive
Strand Hanson Limited, Financial and Nominated Adviser
+44 (0) 20 7409 3494
Richard Johnson, James
Bellman
Zeus Capital Limited,
Broker
+44 (0) 20 3829 5000
Simon Johnson, Louisa
Waddell
Investor/Media
+ 44 (0) 7979 604 687
Chris Steele
About Aukett Swanke Group plc
Aukett Swanke Group has a strong
foundation in architectural services and is on a transformative
journey to become a London-listed provider of Smart Buildings and
related services. ASG are uniquely positioned to ensure the
technical systems that run modern premises are designed as an
integral part of the structure, from the outset.
For more information go to
https://www.aukettswankeplc.com
The
information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended by virtue of the Market Abuse
(Amendment) (EU Exit) Regulations 2019.