MCC Monchhichi

TIDMMCC

RNS Number : 8895A

Monchhichi plc

29 March 2017

For immediate release

29 March 2017

Monchhichi Plc

("Monchhichi" or the "Company")

Exercise of Warrants and Issue of Equity

London, 29 March 2017 - Monchhichi plc (AIM: MCC) announces that it has received notification from warrant holders to exercise warrants over 100 ordinary shares of 0.1p each in the Company at an exercise price of 80p per share.

Application has been made to the London Stock Exchange to admit the 100 new ordinary shares to trading on AIM. Admission of the new ordinary shares is expected to occur on 3 April 2017. The new ordinary shares will rank pari passu with the existing ordinary shares.

Following the issue of shares detailed above the enlarged share capital of the Company will comprise 43,902,162 ordinary shares of 0.1p each.

The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 43,902,162. This 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 Guidance and Transparency Rules.

 
 Enquiries: 
  Monchhichi Plc 
  Simon Fry, Chairman                         Tel: +44 (0)20 
                                                   7466 5000 
                                         www.monchhichi.life 
 Panmure Gordon (Nominated 
  Adviser and Broker)                         Tel: +44 (0)20 
  Dominic Morley                                   7886 2500 
 Buchanan (Financial communications) 
  Richard Oldworth / Henry                    Tel: +44 (0)20 
  Harrison-Topham                                  7466 5000 
  monchhichi@buchanan.uk.com             www.buchanan.uk.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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