Gfinity PLC Block admission application (9993N)
May 27 2020 - 2:00AM
UK Regulatory
TIDMGFIN
RNS Number : 9993N
Gfinity PLC
27 May 2020
27 May 2020
Gfinity plc
("Gfinity" or the "Company")
Block admission application
Gfinity (AIM: GFIN), a world-leading esports and gaming
solutions provider, announces that an application has been made to
the London Stock Exchange for a block admission to trading on AIM
of 143,842,750 new ordinary shares of 0.1 pence each in the Company
("New Ordinary Shares") (the "Block Admission"). The Block
Admission is being made for the issue and allotment of any New
Ordinary Shares arising from:
-- the exercise of warrants issued pursuant to the placing announced on 2 April 2020; and
-- the exercise of options pursuant to the employee share option scheme.
Upon issue, the New Ordinary Shares will be issued credited as
fully paid and rank pari passu in all respects with the existing
ordinary shares of the Company. In accordance with rule 29 of the
AIM Rules for Companies, the number of New Ordinary Shares issued
and allotted under the Block Admission arrangement will be
announced every six months.
It is expected that the Block Admission will become effective on
or around 29 May 2020.
Enquiries:
www.gfinityplc.com
John Clarke, Chief Executive Officer Via Teneo
Gfinity investor relations ir@gfinity.net
Allenby Capital Limited - AIM Nominated Adviser Tel: +44 (0) 20 3328
and Broker 5656
Jeremy Porter / Nicholas Chambers
Teneo - Media Tel: +44 7464 982
426
Camilla Cunningham Gfinity@teneo.com
About Gfinity
Gfinity (AIM: GFIN) is a world leading esports business. Created
by gamers for the world's 2.2 billion gamers, Gfinity has a unique
understanding of this fast-growing global community. It uses this
expertise both to provide advisory services and to design, develop
and deliver unparalleled experiences and winning strategies for
game publishers, sports rights holders, commercial partners and
media companies.
Gfinity connects its partners with the esports community in
authentic and innovative ways. This consists of on and off-line
competitions and industryleading content production. Relationships
include EA SPORTS, Activision Blizzard, F1 Esports Series and the
Forza Racing Championship.
Gfinity connects directly with competitive gaming consumers
through its growing community of gamers on its own platforms:
Gfinityesports, RealSport101 and StealthOptional.
All Gfinity services are underpinned by the Company's
proprietary technology platform delivering a level playing field
for all competitors and supporting scalable multi-format leagues,
ladders and knockout competitions.
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contact rns@lseg.com or visit www.rns.com.
END
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