IamFire Plc Exercise of Warrants
November 11 2020 - 10:42AM
UK Regulatory
TIDMFIRE
11th November 2020
IamFire plc
AQSE: FIRE
("IamFire" or the "Company")
Exercise of Warrants
IamFire plc (AQSE: FIRE), an investment issuer focused on the identification of
opportunities in the life sciences, technology and natural resource sector is
pleased to announce that it has received notice to exercise warrants over
2,708,334 new ordinary shares of GBP0.0025 pence each in the Company ("Warrant
Shares").
The Warrant Shares are being issued pursuant to the exercise of 2,708,334 at an
exercise price, of GBP0.048 pence per ordinary share of GBP0.0025 pence each in the
Company. Subscription monies of, GBP130,000 have been received by IamFire plc in
respect of these exercises.
Admission of Shares & Total Voting Rights (TVRs)
Application will be made for the Warrant Shares to be admitted to trading on
AQSE which is expected to occur on or around 18th November 2020 ("Admission").
Following the admission of the Warrant Shares, FIRE's ordinary issued share
capital will comprise, 34,714,017 ordinary shares of GBP0.0025 pence each
("Ordinary Shares").
This number will represent the total voting rights in the Company, and
following admission, may be used by shareholders as the denominator for the
calculation by which they can 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 and Transparency Rules. The new shares will rank
pari passu in all respects with the Ordinary Shares of the Company currently
traded on AQSE.
Director Warrant Exercise & PDMR
The Company has received binding warrant exercise notices for 1,041,667 and
respective subscription monies of, GBP50,000 from Directors & Officers of the
Company; Burns Singh Tennent-Bhohi (Chief Executive Officer), Marc T Bamber
(Non-Executive Chairman) & Jeremy Ross (Non-Executive Director).
Following the directors' warrant exercise, the following directors will be
interested in:
Director/ Shares Warrant Shares Total Shares % of Total
Related Party Currently Held Exercised After Admission Issued Share
of Warrant Capital
Shares
Burns Singh 3,216,667 416,667 3,633,334 10.46%
Tennent-Bhohi
Marc T Bamber 708,333 208,333 916,666 2.64%
Jeremy Ross 516,667 416,667 933,334 2.68%
The directors of the Company accept responsibility for the contents of this
announcement.
Enquiries
IamFire plc:
Burns Singh Tennent-Bhohi (CEO & Director)
Marc T Bamber (Non-Executive Chairman)
Direct Office Line: +44 (0) 20 3778 0755
burnsstb@iamfireplc.com
mb@iamfireplc.com
info@iamfireplc.com
Twitter:
Website:
Peterhouse Capital Limited
Guy Miller: + 44 (0) 20 7469 0930 (Direct)
Notification and public disclosure of transaction by persons discharging
managerial responsibilities / person closely associated with them
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Burns Singh Tennent-Bhohi
2 Reason for the notification
a) Position/status PDMR, [Chief Executive Officer]
b) Initial notification / Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name IamFire Plc
b) LEI 213800FYUQ8ENKDP4S43
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial Ordinary shares of 0.25 pence each in
instrument, type of IamFire Plc
instrument
Identification code Identification code (ISIN) for IamFire Plc
ordinary shares: GB00BKTRF404
b) Nature of the transaction Exercise of warrants
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.048 416,667
d) Aggregated information N/A
- Aggregated volume
416,667
- Price GBP0.048
Resulting holding: 3,633,334
e) Date of the transaction 10th November 2020
f) Place of the transaction AQSE Growth Market
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Marc Turlough Bamber
2 Reason for the notification
a) Position/status PDMR, [Non-Executive Chairman]
b) Initial notification / Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name IamFire Plc
b) LEI 213800FYUQ8ENKDP4S43
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial Ordinary shares of 0.25 pence each in
instrument, type of IamFire Plc
instrument
Identification code Identification code (ISIN) for IamFire Plc
ordinary shares: GB00BKTRF404
b) Nature of the transaction Exercise of warrants
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.048 208,333
d) Aggregated information N/A
- Aggregated volume
208,333
- Price GBP0.048
Resulting holding: 916,666
e) Date of the transaction 10th November 2020
f) Place of the transaction AQSE Growth Market
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Jeremy Ross
2 Reason for the notification
a) Position/status PDMR, [Non-Executive Director]
b) Initial notification / Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name IamFire Plc
b) LEI 213800FYUQ8ENKDP4S43
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial Ordinary shares of 0.25 pence each in
instrument, type of IamFire Plc
instrument
Identification code Identification code (ISIN) for IamFire Plc
ordinary shares: GB00BKTRF404
b) Nature of the transaction Exercise of warrants
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.048 416,667
d) Aggregated information N/A
- Aggregated volume
416,667
- Price GBP0.048
Resulting holding: 933,334
e) Date of the transaction 10th November 2020
f) Place of the transaction AQSE Growth Market
END
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