Motif Bio PLC Exercise of Warrants (7723W)
17 November 2017 - 6:01PM
UK Regulatory
TIDMMTFB
RNS Number : 7723W
Motif Bio PLC
17 November 2017
17 November 2017
Exercise of Warrants
Motif Bio plc (AIM/NASDAQ: MTFB), a clinical stage
biopharmaceutical company specialising in developing novel
antibiotics, announced that it has received notification from
warrant holders to exercise warrants representing 183,031 ordinary
shares of 1p each ("Ordinary Shares") in the Company at an exercise
price of 32.20p per warrant for total consideration of
GBP58,935.98.
Application has been made for the 183,031 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), which is expected to
occur at 8.00 a.m. (GMT) on November 22, 2017. The new Ordinary
Shares will rank pari passu with the existing Ordinary Shares. The
Company does not hold any Ordinary Shares in treasury. Following
Admission, and for the purposes of the Disclosure Guidance and
Transparency Rules, the Company's total issued share capital will
consist of 263,519,128 Ordinary Shares. Shareholders may use this
figure 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 issued share capital of the
Company.
For further information please contact:
Motif Bio plc info@motifbio.com
Graham Lumsden (Chief
Executive Officer)
Robert Dickey IV (Chief
Financial Officer)
Peel Hunt LLP (NOMAD
& BROKER) + 44 (0)20 7418 8900
Dr Christopher Golden
Oliver Jackson
Northland Capital Partners
Limited (BROKER) +44 (0)203 861 6625
Patrick Claridge/ David
Hignell
John Howes/ Rob Rees
(Broking)
Walbrook PR Ltd. +44 (0) 20 7933 8780 or motifbio@walbrookpr.com
(FINANCIAL PR & IR)
Paul McManus Mob: +44 (0)7980 541 893
Mike Wort Mob: +44 (0)7900 608 002
MC Services AG (EUROPEAN
IR) +49 (0)89 210 2280
Raimund Gabriel raimund.gabriel@mc-services.eu
The Trout Group (US + 1 (646) 378-2936
IR)
Meggie Purcell mpurcell@troutgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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