Corcel PLC Issue of Equity, Exercise of Warrants and TVR (0908W)
April 20 2021 - 12:02PM
UK Regulatory
TIDMCRCL
RNS Number : 0908W
Corcel PLC
20 April 2021
Corcel PLC
("Corcel" or the "Company")
Issue of Shares upon Warrants Exercise
Total Voting Rights
20 April 2021
Corcel Plc, ("Corcel" or "the Company"), the natural resource
exploration and development company with interests in battery
metals and flexible grid solutions , announces that it has received
notice of the exercise of 12,639,750 warrants at an exercise price
of GBP0.016 per share, for gross proceeds of GBP202,236.00, which
have been credited to the Company's account. Accordingly, the
Company has issued 12,639,750 new ordinary shares of GBP0.0001 each
("Ordinary Shares") in the Company.
Admission to trading on AIM
Application is being made to AIM of London Stock Exchange for
12,639,750 new Ordinary Shares to be admitted to trading on AIM,
which will rank pari passu with the Company's existing issued
ordinary shares. Dealings are expected to commence on or around 26
April 2021.
Total Voting Rights
Following the issue of the 12,639,750 new Ordinary Shares, the
issued share capital of the Company consists of 343,021,364
ordinary shares of GBP0.0001 each with voting rights. No ordinary
shares are held in Treasury.
The above figure of 343,021,364 may be used by shareholders 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 Disclosure and Transparency
Rules.
For Further Information Contact:
Scott Kaintz 0207 747 9960 Executive Director Corcel Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Thomas Smith 020 7392 1432 Broker Monecor (London) Ltd (ETX
Capital)
Simon Woods 0207 3900 230 IR Vigo Communications
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END
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