Pires Investments PLC Rule 2.9 Announcement - Update (4577O)
10 June 2022 - 5:29PM
UK Regulatory
TIDMPIRI TIDMTERN
RNS Number : 4577O
Pires Investments PLC
10 June 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.
10 June 2022
Pires Investments Plc
("Pires" or the "Company")
Rule 2.9 Announcement
As previously announced, the Company allotted a total of 649,982
new ordinary shares of 0.25 pence each in the capital of the
Company ("Ordinary Shares") on 6 June 2022 following the exercise
of warrants over 649,982 Ordinary Shares in the Company at an
exercise price of 4 pence per warrant.
Following issue of the Ordinary Shares this morning, the number
of Ordinary Shares in issue and admitted to trading on AIM will be
161,395,191 . This figure of 161,395,191 Ordinary Shares may be
used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
The Ordinary Shares are relevant securities of Pires Investments
plc for the purposes of Rule 8 of The City Code on Takeovers and
Mergers (the "Code").
In accordance with Rule 2.9 of the Code, Pires confirms that, as
at the date of this announcement, it has 161,395,191 Ordinary
Shares of nominal value 0.25 pence each in issue with ISIN
GB00BD07SH45. Pires does not hold any securities (including
Ordinary Shares) in treasury.
For further information please contact:
Pires Investments plc Tel: +44 (0) 20 3368 8961
Nicholas Lee, Director
Nominated Adviser
Cairn Financial Advisers LLP Tel: +44 (0) 20 7213 0880
James Lewis/Liam Murray/Ludovico
Lazzaretti
Joint Broker
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0935
Duncan Vasey/Lucy Williams Tel: +44 (0) 20 7469 0936
Joint Broker
Tennyson Securities Tel: +44 (0) 20 3167 7221
Peter Krens
Financial media and PR
Yellow Jersey Tel: +44 (0) 20 3004 9512
Sarah Hollins/Henry Wilkinson/Annabelle
Wills
Notes to Editors
About Pires Investments plc
Pires Investments plc (AIM: PIRI) is an investment company
providing investors with access to a portfolio of next generation
technology businesses with significant growth potential.
The Company is building an investment portfolio of high-tech
businesses across areas such as Artificial Intelligence, Internet
of Things, Cyber Security, Machine Learning, Immersive Technologies
and Big Data, which the Board believes demonstrate evidence of
traction and the potential for exponential growth, due to
increasing global demand for development in these sectors.
For further information, visit:
https://piresinvestments.com/.
Miscellaneous
Cairn Financial Advisers LLP, which is authorised and regulated
by the FCA in the UK, is acting as financial adviser and Rule 3
adviser exclusively for Pires and no one else in connection with
the matters set out in this announcement and will not be
responsible to any person other than Pires for providing the
protections afforded to clients of Cairn Financial Advisers LLP,
nor for providing advice in relation to the contents of this
announcement or any matter referred to herein. Cairn Financial
Advisers LLP's responsibilities as Pires' Nominated Adviser under
the AIM Rules for Companies and AIM Rules for Nominated Advisers
are owed solely to London Stock Exchange and no other person.
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