SuperSeed Capital Limited Issue of Equity and Warrants (5447H)
November 25 2022 - 1:00AM
UK Regulatory
TIDMWWW
RNS Number : 5447H
SuperSeed Capital Limited
25 November 2022
25 November 2022
SuperSeed Capital Limited
("SuperSeed Capital" or the "Company")
Issue of Equity and Warrants
SuperSeed Capital, a company established as a Venture Capital
fund of funds for early-stage technology investing, announces that
it has issued and allotted 80,000 new ordinary shares of no par
value ("Ordinary Shares"), as part of its previously announced
investment into Duel. In addition, the Company has issued warrants
to its AQSE Corporate Adviser, VSA Capital Limited ("VSA Capital"),
for the provision of financial advisory services.
Warrants
SuperSeed has agreed to issue VSA Capital 100,000 warrants over
100,000 ordinary shares which are exercisable at a strike price of
100 pence per share and are exercisable for a period of 6 months
from the date of issue (the "Warrants").
Following the issuance of the Warrants, SuperSeed has a total of
100,000 warrants in issue, representing approximately 4.6% of the
enlarged share capital assuming full exercise of all warrants.
Admission
Application has been made for the 80,000 new Ordinary Shares,
which will rank pari passu with the existing Ordinary Shares in
issue, to be admitted to trading on the Aquis Stock Exchange Growth
Market ("Admission"). Admission is expected to occur at 8:00 a.m.
on, or around, 30 November 2022.
Total Voting Rights
Following the issue of the 80,000 new ordinary shares, the
issued share capital of the Company will be 2,080,000 Ordinary
Shares. 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 interests in, or changes to their
interests in, the Company under the FCA's Disclosure and
Transparency Rules.
For more information, please visit www.superseed.com or contact:
SuperSeed Capital Limited +44(0)20 3405 3060
Mads Jensen, Investment Manager
VSA Capital - AQSE Corporate Adviser and
Broker +44(0)20 3005 5000
Corporate Finance: Andrew Raca
Corporate Broking: Andrew Monk, Peter Mattsson,
David Scriven
Notes to Editors
SuperSeed Capital Limited was listed on the Aquis Stock Exchange
in February 2022 and is a limited partner of SuperSeed Ventures II
LP, a venture capital fund managed by SuperSeed Ventures LLP. The
Company may also invest directly into unlisted technology companies
or in other investment funds managed or advised by SuperSeed
Ventures or any affiliate of SuperSeed Ventures or other investment
funds managed or advised by third parties other than SuperSeed
Ventures.
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