MyCelx Technologies Corporation Closure of Restricted Stock Line (3500F)
09 March 2020 - 6:00PM
UK Regulatory
TIDMMYX TIDMMYXR
RNS Number : 3500F
MyCelx Technologies Corporation
09 March 2020
9 March 2020
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
Closure of Restricted Stock Line
MYCELX Technologies Corporation (AIM: MYX), the clean water
technology company providing patented solutions for the Oil and Gas
market and commercial industrial markets worldwide, confirms the
closure of its restricted line of stock will take effect at 8.00
a.m. on 16 March 2020.
Application has been made to the London Stock Exchange for the
transfer of an additional 603,633 common shares of $0.025 each
("Common Shares") (the "Additional Shares") from the Company's
restricted line of stock with the ticker MYXR (identified under
ISIN USU624551151 and SEDOL BJ0DP51) (the "Restricted Line") to the
Company's unrestricted line of stock with the ticker MYX
(identified under ISIN US62847T2024 and SEDOL B8NZQP4) (the
"Unrestricted Line").
The Additional Shares are constituted of 603,633 Common Shares
which have been transferred by shareholders upon expiry of the
restricted period under Regulation S of the US Securities Act of
1933.
Trading in the Company's Restricted Line will cease at 8.00 a.m.
on 16 March 2020 and all Common Shares currently trading on the
Restricted Line will from then on continue to trade on the
Unrestricted Line.
The Company's issued share capital consists of 19,443,750 Common
Shares with no Common Shares held in treasury. Therefore, the total
number of voting rights in the Company is 19,443,750 which may be
used by shareholders as the denominator for the calculations by
which they determine if they are required to notify their interest
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
From 16 March 2020, all of the 19,443,750 Common Shares will be
admitted to trading on the Unrestricted Line.
For further information please contact:
MYCELX Technologies Corporation
Connie Mixon, CEO Tel: +1 888 306 6843
Kim Slayton, CFO
Numis Securities Limited
John Prior Tel: +44 20 7260 1000
James Black, Emily Morris, Alamgir Ahmed
Celicourt
Mark Antelme Tel: +44 20 8434 2754
Jimmy Lea
Notes to Editors
MYCELX is a revolutionary oil-free water technology company
solving the world's toughest oil removal problems in the oil and
gas industry. The systems are based upon scientific breakthrough
for a completely different approach to permanent oil removal. The
Company created the patented MYCELX polymer using innovative
molecular cohesion for removing oil from water far beyond what
conventional systems have ever achieved. MYCELX systems remove oil
to critically low levels in a much smaller physical footprint than
conventional systems and in a virtually fail-safe process.
www.mycelx.com
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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