Defenx plc Exercise of Broker Option (3185N)
08 August 2017 - 12:32AM
UK Regulatory
TIDMDFX
RNS Number : 3185N
Defenx plc
07 August 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, REPUBLIC OF IRELAND, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA
OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.
7 August 2017
Defenx PLC
("Defenx" or the "Company")
Exercise of Broker Option
Further to the announcement made this morning that it has raised
a total of GBP1.425 million (before expenses) with new and existing
investors, Defenx is pleased to announce that it has raised
additional gross proceeds of approximately GBP0.32 million via the
Broker Option. An additional 198,937 New Ordinary Shares have been
placed by WH Ireland Limited in conjunction with Beaufort
Securities Limited at a price of 160 pence per share.
As such, a total of 1,089,562 New Ordinary Shares have been
placed via the Placing, Subscription and Broker Option, raising
gross proceeds for the Company of GBP1.74 million.
Application will be made for the 734,375 Placing Shares and
198,937 Broker Option Shares to be admitted to trading on AIM.
Admission and dealings in the new shares is expected to take place
at 8.00 a.m. on 11 August 2017. Following Admission, Defenx will
have 12,796,104 Ordinary Shares in issue and admitted to trading on
AIM.
Application will be made for the 156,250 Subscription Shares to
be admitted to trading on AIM. It is expected that admission of the
Subscription Shares will become effective by 8.00 a.m. on 1
September 2017 and that dealings in the Subscription Shares will
commence at that time. Following admission of the Subscription
Shares to trading on AIM, Defenx will have 12,952,354 Ordinary
Shares in issue and admitted to trading on AIM.
The figures, therefore, of 12,796,104 Ordinary Shares and
12,952,354 Ordinary Shares respectively may be used by
Shareholders, from the appropriate time, as the denominator for the
calculations by which they will determine whether they are required
to notify their interest in, or a change to their interest in, the
share capital of Defenx under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules. Defenx holds no
Ordinary Shares in treasury.
Defined terms used in this announcement bear the same meaning as
those used in the announcement released this morning.
Enquiries
Defenx PLC
Andrea Stecconi - Chief Executive
Officer
Philipp Prince - Chief Financial
Officer 020 3769 0687
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Heather
Armstrong 020 3053 8671
Strand Hanson Limited (Nominated
and Financial Adviser)
Angela Hallett / Richard Tulloch
/ Ritchie Balmer 020 7409 3494
WH Ireland (Bookrunner and Joint-Broker)
Paul Shackleton / Jessica Cave /
James Sinclair-Ford 020 7220 1666
Beaufort Securities (Joint-Broker)
Jon Belliss 020 7382 8300
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEZDLFBDVFFBBD
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