EVR Holdings PLC Exercise of Warrants and Issue of Shares (1979D)
06 October 2018 - 2:34AM
UK Regulatory
TIDMEVRH
RNS Number : 1979D
EVR Holdings PLC
05 October 2018
5 October 2018
EVR Holdings plc
("EVR" or the "Company")
Exercise of Warrants and Issue of Shares
EVR Holdings plc (AIM: EVRH), one of the leading creators of
virtual reality content, announces that the
Company has received a notice of exercise of warrants over
8,752,940 ordinary shares of 1 pence each in the capital of the
Company ("Ordinary Shares") at a price of 1.85 pence per share. The
gross proceeds of this exercise received by the Company amounts to
GBP161,929.39.
Following the warrant exercise, the outstanding warrants over
Ordinary Shares are as follows:
Number of Ordinary
Shares Exercise Price Expiry Date
------------------- --------------- ----------------
10,741,329 1.85p 16 October 2019
9,230,180 1.2p 31 July 2020
51,294,234 1.1p 16 May 2026*
*32,305,630 of these warrants are held by the Directors of the
Company
The Company has made application for the 8,752,940 new Ordinary
Shares, to be issued and allotted as a result of the warrant
exercises set out above, to be admitted to trading on AIM.
Admission is expected to occur at 8.00 a.m. on 11 October 2018. The
8,752,940 new Ordinary Shares will rank pari passu with the
existing Ordinary Shares.
Total Voting Rights
For the purpose of the Disclosure and Transparency Rules,
following the admission of 8,752,940 new Ordinary Shares, the
Company's total issued ordinary share capital will consist of
1,308,195,592 Ordinary Shares. The Company does not hold any shares
in treasury. 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 Disclosure and Transparency
Rules.
For further information please contact:
EVR Holdings plc
Anthony Matchett, Executive Chairman Tel: +44 (0) 203 289 7430
& CEO
Sebastian Theron, Chief Financial www.evrholdings.com
Officer
Tel: +44 (0) 207 597 5970
Investec Bank plc: Nominated Adviser,
Financial Adviser and Corporate
Broker
Corporate Finance: David Anderson
/ Junya Iwamoto
Corporate Broking: Sara Hale /
Helene Comitis
Notes to Editors:
MelodyVR is a wholly owned subsidiary of EVR Holdings plc
('EVR'), a company that is listed on the AIM market of the London
Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual
reality content, joined AIM on 16 May 2016 following a reverse
takeover of Armstrong Ventures plc. Further information can be
viewed at www.evrholdings.com and www.melodyvr.com
For more information on Melody VR, please visit:
www.melodyvr.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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
IOEBLBDGGXGBGIU
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