TIDMCBX

RNS Number : 1766C

Cellular Goods PLC

09 June 2023

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Press release

9 June 2023

Cellular Goods PLC

("Cellular Goods" or "the Company")

Grant of Warrants

Cellular Goods (LSE: CBX) a UK-based skincare and wellness company providing premium consumer products formulated with lab-produced cannabinoids, announces that it has granted a total of 3,000,000 warrants to subscribe for new ordinary shares of GBP0.001 each ("Warrants") to members of its Advisory Board. The Warrants are exercisable at 1.5 pence per ordinary share.

One third of the warrants will vest on 8 June 2024 with the remaining two thirds vesting in 24 equal monthly instalments thereafter. The Warrants have an exercise period from the date of grant to 8 June 2028.

Following the issue of the Warrants, the Company has a total of 12,500,000 warrants in issue.

For further information please contact:

 
 Cellular Goods 
 Darcy Taylor                          via Tancredi +44 207 887 7633 
  Chairman and interim CEO 
  Neil Thapar                           +44 787 645 5323 
  Investor Relations 
                                      ------------------------------ 
 First Sentinel Corporate Finance 
                                      ------------------------------ 
 Corporate Broker & Advisor 
  Brian Stockbridge                      +44 7876 888 011 
                                      ------------------------------ 
 Novum Securities 
                                      ------------------------------ 
 Corporate Broker 
  Colin Rowbury 
  Jon Belliss                            +44 207 399 9427 
                                      ------------------------------ 
 Tancredi Intelligent Communication 
                                      ------------------------------ 
 Media Relations 
  Helen Humphrey 
  Charlie Hobbs                          +44 744 922 6720 
  cellulargoods@tancredigroup.com        +44 789 755 7112 
                                      ------------------------------

About Cellular Goods PLC:

Cellular Goods develops and markets premium quality skincare and wellness products based on proprietary formulations incorporating biosynthetic lab-made cannabinoids. Our branded products are efficacy-led and research-backed and available online in the UK and US. The Company is incorporated in the UK and listed on the Main Market of the London Stock Exchange. For more information, visit www.cellular-goods.com .

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June 09, 2023 02:00 ET (06:00 GMT)

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