OptiBiotix Health PLC Exercise of Warrants and Issue of Equity (9046T)
January 11 2017 - 5:04AM
UK Regulatory
TIDMOPTI
RNS Number : 9046T
OptiBiotix Health PLC
11 January 2017
11 January 2017
OptiBiotix Health plc
("OptiBiotix" or the "Company")
Exercise of Warrants and Issue of Equity
OptiBiotix Health plc (AIM: OPTI), a Life Sciences business
developing compounds to tackle obesity, high cholesterol and
diabetes announces that the Company has received notification from
a warrant holder to exercise a warrant as set out below:-
Number of ordinary Exercise Proceeds to the
shares of 2p nominal price Company
value issued under
warrant
---------------------- --------- ----------------
29,375 8p GBP2,350
---------------------- --------- ----------------
Application will be made to the London Stock Exchange to admit
the 29,375 new ordinary shares to trading on AIM. Admission of the
new ordinary shares is expected to occur on or around 17 January
2017. The new ordinary shares will rank pari passu with the
existing ordinary shares.
For the purpose of the Disclosure and Transparency Rules,
following the issue of shares detailed above the enlarged issued
share capital of the Company will comprise 78,193,634 ordinary
shares of 2p 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.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information:
OptiBiotix Health plc www.optibiotix.com
Stephen O'Hara, Chief Contact via Walbrook
Executive below
Cairn Financial Advisers Tel: 020 7213 0880
LLP (NOMAD)
Liam Murray / Richard
Nash
finnCap (Broker) Tel: 020 7220 0500
Adrian Hargrave / Scott Mathieson
/ Kate Bannatyne (Corporate Finance)
Tony Quirke (Corporate
Broking)
Walbrook PR Ltd Tel: 020 7933 8780 or optibiotix@walbrookpr.com
Anna Dunphy Mob: 07876 741 001
About OptiBiotix - www.optibiotix.com
OptiBiotix was formed in March 2012 to develop compounds which
modify the human microbiome - the collective genome of the microbes
in the body - to prevent and manage human disease.
The aim of OptiBiotix is to discover and develop microbial
strains, compounds and formulations, which modulate the human
microbiome and can be used as food ingredients and supplements or
active compounds for the prevention and management of human
metabolic diseases, examples of which include obesity, cholesterol
and lipid distribution and diabetes.
OptiBiotix has established a pipeline of microbiome modulators
that can impact on lipid and cholesterol management, energy harvest
and appetite suppression. The development pipeline is fuelled by
its proprietary OptiScreen(R) and OptiBiotic(R) platform
technologies designed to identify metabolic pathways and compounds
that impact on human physiology and bring potential health
benefits. These platforms are applicable across a wider range of
other human diseases.
This information is provided by RNS
The company news service from the London Stock Exchange
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January 11, 2017 05:04 ET (10:04 GMT)