TIDMKENV

RNS Number : 4495I

Kennedy Ventures PLC

25 March 2015

Kennedy Ventures Plc

("Kennedy" or the "Company")

Exercise of Warrants

Kennedy Ventures Plc announces that it has issued and allotted 688,635 ordinary shares of 1 pence each in the capital of the Company following the exercise of warrants at a price of 2 pence per share.

The Company has made application for the 688,635 new ordinary shares of 1 pence each to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 30 March 2015. The 688,635 new ordinary shares will rank pari passu with the existing ordinary shares.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital following Admission will consist of 76,309,748 ordinary shares of 1 pence each.

The above 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 Disclosure and Transparency Rules.

 
 For further information, please 
  contact: 
 
  Kennedy Ventures plc 
 Giles Clarke c/o    +44 (0) 020 3757 
  Billy Clegg         4983 
 
   Cenkos Securities plc 
 Derrick Lee         +44 (0) 131 220 
  Nick Tulloch        6939 
 
   Peterhouse Corporate Finance 
                     +44 (0) 207 469 
 Duncan Vasey         0935 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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