DG Innovate PLC Block Listing Return & Block Listing Cancellation
May 13 2024 - 8:18AM
RNS Regulatory News
RNS Number : 2147O
DG Innovate PLC
13 May 2024
13 May 2024
DG
Innovate plc
("DG
Innovate" or the "Company")
Final Block Listing Return
and Cancellation of Block Listing
DG Innovate plc has previously made
block listing applications in respect of 2 tranches of warrants.
The Company today confirms that it has cancelled its block listing
and that no shares have or will be allotted pursuant to the block
listing.
The block listing application which
was applied for on 10 February 2023, was for 368,333,333 ordinary
shares in respect of the potential exercise of 0.18 pence warrants.
As all these warrants remain unexercised, and in light of the
Company's intention to transition to the AIM Market and the
prevailing share price, the Company has made the decision to cancel
the block listing. No shares have or will be allotted pursuant to
this block listing.
These warrants remain exercisable
until the end of January 2025, and should valid notice of exercise
be received then the Company will issue, allot and seek admission
for such ordinary shares issued as these occur in the normal
course.
The earlier block listing
application which was applied for on 9 April 2021, was for
1,620,800,000 ordinary shares in respect of the potential exercise
of 0.25 pence warrants. The issue of 5,000,000 0.25 pence warrants,
as announced on 17 April 2024, was made outside of this block
listing. These warrants have now lapsed, and no shares have or will
be allotted pursuant to this block listing.
Final block listing returns are set
out below:
|
Name of applicant:
|
DG Innovate Plc
|
|
Name of scheme:
|
DG Innovate Potential Warrant
Exercises
|
|
Period of return:
|
From:
|
13 February 2024
|
To:
|
13 May 2024
|
|
Balance of unallotted securities
under scheme(s) from previous return:
|
368,333,333
|
|
Plus: The amount by which
the block scheme(s) has been increased since the date of the last
return (if any increase has been applied for):
|
0
|
|
Less: Number
of securities issued/allotted under
scheme(s) during period (see LR3.5.7G):
|
0
|
|
Equals: Balance under
scheme(s) not yet issued/allotted at end of period:
|
368,333,333
This is the final return. No shares
have or will be allotted pursuant to this block listing.
|
|
|
|
|
|
|
|
Name of applicant:
|
DG Innovate Plc
|
|
Name of scheme:
|
DG Innovate Potential Warrant
Exercises
|
|
Period of return:
|
From:
|
13 February 2024
|
To:
|
13 May 2024
|
|
Balance of unallotted securities
under scheme(s) from previous return:
|
1,620,800,000
|
|
Plus: The amount by which
the block scheme(s) has been increased since the date of the last
return (if any increase has been applied for):
|
0
|
|
Less: Number
of securities issued/allotted under
scheme(s) during period (see LR3.5.7G):
|
0
|
|
Equals: Balance under
scheme(s) not yet issued/allotted at end of period:
|
1,620,800,000
This is the final return. No shares
have or will be allotted pursuant to this block listing.
|
|
Name of contact:
|
Jack Allardyce, Chief Financial
Officer
|
|
Telephone number of
contact:
|
C/O, IFC
|
|
|
|
|
| |
For
further information please contact:
|
DG
Innovate plc
|
C/O IFC
|
|
Peter Tierney, CEO
Jack Allardyce, CFO
|
|
|
|
|
|
IFC
Advisory (Financial PR & IR)
|
020 3934 6630
|
|
Tim Metcalfe
Zach Cohen
|
|
|
|
|
|
FGS
Global (Public Relations)
|
020 7251 3801
|
|
Rollo Head
Gordon Simpson
Alessandro M Rubin
|
|
|
|
|
|
Grant Thornton UK LLP (Financial Adviser)
|
020 7383 5100
|
|
Samantha Harrison
Jamie Barklem
Ciara Donnelly
|
|
|
|
|
|
Cavendish Capital Markets Limited (Corporate
Broker)
Adrian Hadden / George Lawson
(Corporate Finance)
Michael Johnson (Sales)
|
020 7720 0500
|
|
|
|
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