TruSpine Technologies PLC Subscription (2925J)
August 15 2023 - 1:00AM
UK Regulatory
TIDMTSP
RNS Number : 2925J
TruSpine Technologies PLC
15 August 2023
15 August 2023
TruSpine Technologies plc
("TruSpine" or the "Company")
Subscription
TruSpine Technologies plc, (AQSE: TSP) the medical device
company focused on the development of its pioneering "screwless,"
spinal (vertebral) stabilisation systems announces it has raised
gross proceeds of GBP50,000 through the subscription of 2,000,000
new ordinary shares at a price of 2.5 pence per share
("Subscription Shares") under its existing share authorities.
Admission
Application has been made for the Subscription Shares to be
admitted to trading on the Aquis Stock Exchange Growth Market on or
around 18 August 2023 ("Admission") and will rank pari passu with
the ordinary shares of the Company in issue.
Total Voting Rights
Following Admission of the 2,000,000 new ordinary shares, the
Company's issued share capital will consist of 120,311,869 ordinary
shares with voting rights. The new ordinary shares will rank pari
passu with the existing ordinary shares. No ordinary shares are
held in treasury at the date of this announcement and therefore
following Admission, the total number of ordinary shares in the
Company with voting rights will be 120,311,869.
The above total voting rights figure may be used by shareholders
as the denominator for the calculation by which they will determine
if they are required to notify their interest in, or a change to
their interest in the Company.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation, and the Directors of the Company
are responsible for the release of this announcement.
Enquiries:
TruSpine Technologies Plc Tel: +44 (0)20 7118 0852
Laurence Strauss, Chief Executive Officer
Cairn Financial Advisers LLP (AQSE Corporate Adviser) Tel: +44 (0)20 7213 0880
Liam Murray / Ludovico Lazzaretti
Peterhouse Capital Limited (Broker & Financial Adviser)
Tel: +44 (0)20 7469 0930
Lucy Williams / Duncan Vasey
Novus Communications (PR and IR) Tel: +44 (0)20 7448 9839
Alan Green / Jacqueline Briscoe novuscomms@truspine.org
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed
to be, forward looking statements. Forward looking statements are
identi ed by their use of terms and phrases such as "believe",
"could", "should" "envisage", "estimate", "intend", "may", "plan",
"potentially", "expect", "will" or the negative of those,
variations or comparable expressions, including references to
assumptions. These forward-looking statements are not based on
historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures
(including the amount, nature and sources of funding thereof),
competitive advantages, business prospects and opportunities. Such
forward looking statements re ect the Directors' current beliefs
and assumptions and are based on information currently available to
the Directors.
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END
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(END) Dow Jones Newswires
August 15, 2023 02:00 ET (06:00 GMT)
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