Red Leopard Holdings PLC Exercise of Warrants and Issue of Equity (7803Y)
March 07 2017 - 10:28AM
UK Regulatory
TIDMRLH
RNS Number : 7803Y
Red Leopard Holdings PLC
07 March 2017
7 March 2017
Red Leopard Holdings Plc
("Red Leopard" or the "Company")
Exercise of Warrants and Issue of Equity
Red Leopard announces that Peel Hunt Holdings Limited ("Peel
Hunt") has today given notice to the Company that it elects to
convert all of its 75,000,000 warrants ("Warrants") into 75,000,000
ordinary shares of 0.1 pence each (the "Warrant Shares") at an
exercise price of 0.1 pence per share in accordance with the terms
of its Warrant Instrument dated 19 August 2015.
The subscription price of GBP75,000 will be paid to the Company
by Peel Hunt pursuant to the exercise of Warrants.
Total Voting Rights
Application will be made for 75,000,000 new Ordinary Shares to
be admitted to trading on AIM, with dealings expected to occur on
or around 13 March 2017 ("Admission"). The new Ordinary Shares,
when issued, will rank pari passu in all respects with the existing
issued shares of the Company. Following admission of the new
Ordinary Shares, the Company will have 911,279,061 Ordinary Shares
of 0.1p, with voting rights, in issue.
This 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 in their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules. Following the issue of the Warrant Shares, no
further Warrants remain outstanding to Peel Hunt.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information, visit www.redleopardholdings.com or
please contact:
Enquiries:
Red Leopard Holdings PLC
John May, Chairman Tel: +44 (0) 207
917 6826
Beaumont Cornish Limited Tel: +44 (0) 207
(Nomad) 628 3396
www.beaumontcornish.com
Roland Cornish
James Biddle
Peterhouse Corporate Finance Tel: +44 (0) 20 7469
Limited (Broker) 0930
Lucy Williams
Eran Zucker
This information is provided by RNS
The company news service from the London Stock Exchange
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