Alphawave IP Group PLC Nominal Value Reduction (3177T)
November 23 2021 - 09:24AM
UK Regulatory
TIDMAWE
RNS Number : 3177T
Alphawave IP Group PLC
23 November 2021
23 November 2021
ALPHAWAVE IP GROUP PLC
NOMINAL VALUE REDUCTION
As approved by the IPO Committee of the Board on 12 May 2021 and
the High Courts of Justice, Business and Property Court of England
and Wales, Alphawave IP Group plc (the "Company") confirms that the
nominal value of the Company's Ordinary Shares reduced from GBP1.00
to GBP0.01 on 17 November 2021
The Company's issued share capital is unchanged, and each
shareholder's proportionate interest in the share capital of the
Company will remain unchanged. Shareholders should continue to use
the figure of 664,965,934 ordinary shares of GBP0.01 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 DTRs. Aside from the change in
nominal value, the rights attaching to the Ordinary Shares
(including voting and dividend rights and rights on a return of
capital) will remain unchanged.
-Ends-
Contact:
Link Company Matters Limited - Company Secretary
cm-alphawave@linkgroup.co.uk
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