Conduity Capital PLC Warrant Update (5146C)
20 October 2020 - 12:41AM
UK Regulatory
TIDMCCAP
RNS Number : 5146C
Conduity Capital PLC
19 October 2020
19 October 2020
For immediate release
CONDUITY CAPITAL PLC
("Conduity Capital" or "the Company")
Warrant Update
The Company confirms that the qualifying criteria for the
accelerated exercise of the Investor Warrants, of achieving a
closing price over 1.5p for five consecutive days, has been met.
The Board does not intend to call upon holders to exercise their
warrants at this time, but reminds warrant holders that they are
able to exercise at the time of their choosing, until the earlier
of the expiry of an accelerated exercise period (if required by the
Company) or 2 October 2021.
The Company is also pleased to announce that it is reviewing a
number of potential reverse take-over targets and will update
investors as and when appropriate.
End
For further information please contact:
Conduity Capital Plc (AIM: CCAP)
Gregory Collier, Non-Executive Chairman
www.conduitycapital.co.uk +44 (0) 7830 182501
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady
Neil Baldwin +44 (0) 203 368
www.sparkadvisorypartners.com 3551
Peterhouse Capital Limited (Broker)
Heena Karani/Lucy Williams +44 (0) 207 496
www.peterhousecap.com 0930
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END
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