Deepverge PLC Exercise of Warrants and Total Voting Rights (6260N)
February 01 2021 - 11:45AM
UK Regulatory
TIDMDVRG
RNS Number : 6260N
Deepverge PLC
01 February 2021
AIM share code: DVRG
01 February 2021
DeepVerge PLC
("DeepVerge" or "Company")
Exercise of Warrants
DeepVerge announces that it has received notification from
warrant holders to exercise warrants over 178,570 shares in the
share capital of DeepVerge ("the Warrant Shares") at an exercise
price of 20 pence. T he consideration for the exercise of the
Warrant Shares amounts, in aggregate, to a cash value of
GBP35,714.
The Warrant Shares were allotted on 01 February 2021.
Application has been made for the Warrant Shares to be admitted to
trading on AIM ("Admission"), and Admission is expected to be on or
about 5 February 2021. These shares will rank pari passu with the
ordinary shares of the Company in issue.
Total voting rights
The Company's total issued capital, after the issue of the
Warrant Shares, will be 170,254,355 ordinary shares. As the Company
does not hold any shares in Treasury, this figure may be used by
shareholders in the Company 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 share capital of
the Company following Admission.
Contacts
+44 (0) 7340 055
DeepVerge plc Gerard Brandon, CEO 648
SPARK Advisory Partners
Limited Neil Baldwin/Andrew +44 (0) 113 370
(Nominated Adviser) Emmott 8974
Turner Pope Investments Andy Thacker/Zoe +44 (0) 20 3657
(TPI) Limited (Broker) Alexander 0050
About DeepVerge plc (www.deepverge.com)
DeepVerge is an environmental and life science group of
companies that develops and applies AI and IoT technology to
analytical instruments for the analysis and identification of
bacteria, virus and toxins. Utilising artificial intelligent data
analytics to scientifically prove the impact of skincare product
claims on skin microbiome for most of the top 20 global cosmetic
company clients and remotely detect and identify in real-time,
dangerous pathogens in wastewater treatment plants, drinking water,
rivers, lakes and reservoirs.
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END
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February 01, 2021 12:45 ET (17:45 GMT)
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