This announcement contains
information which, prior to its disclosure, was inside information
as stipulated under Regulation 11 of the Market Abuse (Amendment)
(EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public
domain.
02
December 2024
Ora Technology
PLC
("Ora"
or the "Company")
Ora completes placing of
£255,400
Ora Technology PLC (AQSE: ORA/ OTC: ORCPF) is
pleased to announce a placing by Clear Capital Markets for a total
of 3,192,500 new ordinary shares ("Placing Shares") of £0.001 each
in the share capital of the Company ("Ordinary Shares") at an issue
price of £0.08 (the "Placing Price") per Ordinary Share, raising
gross proceeds of £255,400 (before expenses) (the
"Placing").
The Placing Shares, when issued and fully paid,
will rank pari passu in all respects with the existing Ordinary
Shares in issue and therefore will rank equally for all dividends
or other distributions declared, made or paid after the issue of
the Placing Shares.
Total Voting
Rights:
Application will be made to the Aquis Stock
Exchange for admission of the 3,192,500 Placing Shares to trading
on Aquis. It is expected that admission will become effective and
dealings in the Placing Shares will commence on Aquis at 8.00 a.m.
on or around 9 December 2024.
Following Admission, the total number of
Ordinary Shares in the capital of the Company in issue will be
209,870,075 with voting rights. 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 FCA's
Disclosure and Transparency Rules.
For
further information, please contact:
|
Ora
Technology plc
|
|
Mike Edwards
|
Via First Sentinel
|
|
First Sentinel (Corporate
Adviser)
|
|
Brian Stockbridge
|
brian@first-sentinel.com
+44 (0) 20 3855 5551
|
|
Clear Capital Markets (Broker)
|
|
Bob Roberts
|
+44 (0) 20 3869
6080
|
About Ora Technology
Ora Technology PLC is a software
company that is developing a digital carbon trading platform that
intends to offer users the ability to buy, sell and retire carbon
credits in the voluntary carbon market, an instrument used by both
the public and private sectors to work towards carbon neutral and
net-zero climate goals. Ora's 'Ora Carbon' platform aims to allow
access to carbon assets - and the broader carbon economy - with the
goal of reducing the complexity of current industry practices and
an emphasis towards providing a simple and intuitive user
experience.