Motif Bio PLC Exercise of Warrants (2659B)
09 January 2018 - 2:23AM
UK Regulatory
TIDMMTFB
RNS Number : 2659B
Motif Bio PLC
08 January 2018
Motif Bio plc
("Motif Bio" or the "Company")
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 a
warrant holder to exercise warrants representing 471,602 ordinary
shares of 1p each ("Ordinary Shares") in the Company at an exercise
price of 20.0p per warrant for total consideration of
GBP94,320.40.
Application has been made for the 471,602 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), which is expected to
occur at 8.00 a.m. on January 11, 2018. 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
263,990,730 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/Helen Cresswell/Lianne
Cawthorne
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
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