Motif Bio PLC Exercise of warrants (4496J)
June 28 2017 - 7:41AM
UK Regulatory
TIDMMTFB
RNS Number : 4496J
Motif Bio PLC
28 June 2017
28 June 2017
Exercise of Warrants
Motif Bio plc (AIM: MTFB) the clinical stage biopharmaceutical
company specialising in developing novel antibiotics announces that
it has received notification from warrant holders to exercise
warrants representing 250,000 ordinary shares of 1p each ("Ordinary
Shares") in the Company at an exercise price of 32.2p per warrant
for total consideration of GBP80,500.
Application has been made for the 250,000 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), which is expected to
occur at 8.00 a.m. on July 3 2017. The new Ordinary Shares will
rank pari passu with the existing Ordinary Shares. The Company does
not hold any Ordinary Shares in treasury. Following Admission, and
for the purposes of the Disclosure Guidance and Transparency Rules,
the Company's total issued share capital will consist of
263,128,775 Ordinary Shares. Shareholders may use this figure 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 issued share capital of the Company.
For further information please contact:
Motif Bio plc info@motifbio.com
Graham Lumsden (Chief
Executive Officer)
Robert Dickey IV (Chief
Financial Officer)
Peel Hunt LLP (NOMAD
& BROKER) + 44 (0)20 7418 8900
Dr Christopher Golden
Oliver Jackson
Northland Capital Partners
Limited (BROKER) +44 (0)203 861 6625
Patrick Claridge/ David
Hignell
John Howes/ Rob Rees
(Broking)
Walbrook PR Ltd. +44 (0) 20 7933 8780 or motifbio@walbrookpr.com
(FINANCIAL PR & IR)
Paul McManus Mob: +44 (0)7980 541 893
Mike Wort Mob: +44 (0)7900 608 002
MC Services AG (EUROPEAN
IR) +49 (0)89 210 2280
Raimund Gabriel
This information is provided by RNS
The company news service from the London Stock Exchange
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