Novacyt S.A. Conversion of Loan Notes (1741Z)
May 15 2019 - 11:30AM
UK Regulatory
TIDMNCYT
RNS Number : 1741Z
Novacyt S.A.
15 May 2019
Novacyt S.A.
("Novacyt" or the "Company")
Conversion of Loan Notes
Paris, France and Camberley, UK - 15 May 2019 - Novacyt
(EURONEXT GROWTH: ALNOV; AIM: NCYT) an international specialist in
clinical diagnostics, announces that, pursuant to the Convertible
Bonds with Warrants Funding Programme ("Agreement") announced on 23
April 2019, it has issued one tranche of new ordinary shares of
EUR1/15 each ("Ordinary Shares") to Negma Group Limited ("Negma")
following the receipt of one conversion notice. Further details are
set out below.
Conversion notice dated: 14 May 2019
Number of Notes converted 33
Conversion amount EUR82,500
Lowest VWAP during the 15 days preceding
the conversion notice EUR0.1593
Conversion price EUR0.14
Number of shares issued 589,285
Application will be made for the 589,285 new Ordinary Shares to
be admitted to trading on AIM ("Admission") and it is expected that
Admission will occur on 21 May 2019.
Total Voting Rights
Following Admission, the total number of ordinary shares in the
Company is 38,385,917. This figure may be used by shareholders as
the denominator for calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company pursuant to Article L. 223-7 of the French
Commercial Code and the Company's Articles. The Company is not
subject to the disclosure guidance and transparency rules made by
the Financial Conduct Authority under Part VI of FSMA.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information, please refer to www.novacyt.com or
contact:
- End -
Contacts
Novacyt SA
Graham Mullis, Chief Executive Officer
Anthony Dyer, Chief Financial Officer
+44 (0)1223 395472
SP Angel Corporate Finance LLP (Nominated Adviser and Joint
Broker)
Matthew Johnson / Jamie Spotswood (Corporate Finance)
Vadim Alexandre / Rob Rees (Corporate Broking)
+44 (0)20 3470 0470
WG Partners (Joint Broker)
Nigel Birks / Chris Lee / Claes Spång
+44 (0) 203 705 9330
FTI Consulting (International)
Brett Pollard / Victoria Foster Mitchell/ Mary Whittow
+44 (0)20 3727 1000
brett.pollard@fticonsulting.com/victoria.fostermitchell@fticonsulting.com/
Mary.whittow@fticonsulting.com
FTI Consulting (France)
Arnaud de Cheffontaines / Astrid Villette
+33 (0)147 03 69 47 / +33 (0)147 03 69 51
arnaud.decheffontaines@fticonsulting.com /
astrid.villette@fticonsulting.com
About Novacyt Group
The Novacyt Group is an international diagnostics business
generating an increasing portfolio of in vitro and molecular
diagnostic tests. Its core strengths lie in diagnostics product
development, commercialisation, contract design and manufacturing.
The Company's lead business units comprise of Primerdesign and
Lab21 Products, supplying an extensive range of high quality assays
and reagents worldwide. The Group directly serves oncology,
microbiology, haematology and serology markets as do its global
partners, which include major corporates.
For more information please refer to the website:
www.novacyt.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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