WeCap Plc Issue of Shares
December 18 2023 - 1:01AM
UK Regulatory
TIDMWCAP
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION
(EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT
VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
WeCap plc
("WeCap" or the "Company")
Issue of shares
Following the announcement of the placing ("Placing") and subscription
("Subscription") for an aggregate of 66,666,667 new ordinary shares of 0.25p
each at 1.5 pence per share on 12 December 2023, the Company will also be
issuing a further 800,000 ordinary shares in relation to the consideration due
to certain advisors for services provided.
Application will be made for the New Ordinary Shares to be admitted to trading
on the access segment of the Aquis Growth Market and this is expected to occur
on or around 21 December 2023.
Total Voting Rights
Following Admission of the New Ordinary Shares, WeCap plc's issued ordinary
share capital will consist of 412,814,017 ordinary shares of 0.25 pence each.
This number represents 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
("FCA") Disclosure and Transparency Rules. The New Ordinary Shares shall
rank pari passu in all respects with the existing ordinary shares of the
Company.
The Directors of the Company accept responsibility for the contents of this
announcement.
ENDS
Enquiries:
Company:
info@wecapplc.com
Corporate Advisor:
Peterhouse Capital Limited
Guy Miller/Narisha Ragoonanthun: + 44 (0) 20 7469 0930 (Direct)
Corporate Broker:
Tennyson Securities Limited
Peter Krens: +44 (0) 20 7186 9033 (Direct)
This information was brought to you by Cision http://news.cision.com
END
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