Proxama PLC Total Voting Rights (4400T)
January 05 2017 - 5:20AM
UK Regulatory
TIDMPROX
RNS Number : 4400T
Proxama PLC
05 January 2017
5 January, 2017
Proxama PLC
("Proxama" or the "Company")
Issue of Equity and Total Voting Rights
Proxama PLC (AIM:PROX), the leading mobile proximity marketing
expert, announces the issue of 75,373,854 ordinary shares of 0.01p
each ("Conversion Shares") pursuant to the conversion of GBP300,000
of loan notes by Darwin Capital Ltd ("Darwin").
The conversion price for these loan notes is 0.398016p;
calculated as the lessor of (i) 1.24875p per new Ordinary Share or
(ii) 90% of the arithmetic average of five daily volume weighted
average share price calculations selected by Darwin out of the
twenty trading days prior to conversion.
The issue of the Shares has been satisfied via the Company's
block listing which was announced on 3 January 2017 and is
effective from 6 January 2017.
Total Voting Rights
In accordance with the Financial Conduct Authority's Disclosure
and Transparency Rules, the Company hereby announces that following
the issue of the Conversion Shares it will have 1,796,619,110
ordinary shares of 0.01p each in issue, none of which are held in
treasury. Therefore, the total number of voting rights in the
Company is 1,796,619,110.
The above figure of 1,796,619,110 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 in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
Enquiries:
Proxama PLC
John Kennedy, Chief
Executive 020 3668 2888
---------------------- --------------
Peel Hunt LLP
(Nominated Adviser
and Broker)
Richard Kauffer
Euan Brown 020 7418 8900
---------------------- --------------
Novella
Tim Robertson
Toby Andrews 020 3151 7008
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This information is provided by RNS
The company news service from the London Stock Exchange
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