12 February 2025
Warpaint London
PLC
("Warpaint", the "Company" or the "Group")
Application for Admission of
Shares and
Total Voting
Rights
Warpaint notes the announcement
earlier today by Brand Architekts Group plc ("BAR") in relation to its Acquisition by
the Company which confirmed, amongst other things, that Eligible
Brand Architekts Shareholders had elected to receive, in aggregate,
103,422 new Warpaint ordinary shares of 25 pence each
("Ordinary Shares") in the
Company under the Alternative Share Offer (the "New Ordinary Shares").
The Company confirms that it has
made an application to the London Stock Exchange for the 103,422
New Ordinary Shares to be admitted to trading on AIM ("Admission").
Admission is expected to take place,
and dealings in the New Ordinary Shares are expected to commence,
at 8.00 a.m. on 13 February 2025. The New Ordinary Shares, when
issued, will be credited as fully paid and will rank pari passu in
all respects with the existing Ordinary Shares, including the right
to receive all dividends and other distributions declared, made or
paid after the date of issue.
A scheme document in relation to the
Acquisition was published by BAR on 19 December 2024 (the
"Scheme Document").
Capitalised terms in this announcement, unless otherwise defined,
have the same meanings as set out in the Scheme
Document.
Total Voting Rights
Following Admission, the total
issued capital of the Company will consist of 80,787,321 ordinary
shares with voting rights. The Company does not hold any ordinary
shares in treasury.
Therefore, the total number of
voting rights in the Company following Admission will be 80,787,321
and 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 under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
|
Warpaint London
Sam Bazini - Chief Executive
Officer
Eoin Macleod - Managing
Director
Neil Rodol - Chief Financial
Officer
|
c/o IFC
|
|
Shore Capital
(Nominated Adviser & Broker)
Patrick Castle, Daniel
Bush - Corporate Advisory
Fiona Conroy - Corporate
Broking
|
020 7408 4090
|
|
IFC
Advisory (Financial PR & IR)
Tim Metcalfe, Graham Herring,
Florence Chandler
|
020 3934 6630
|
Fladgate LLP is acting as legal
adviser to Warpaint in relation to the Acquisition.
Warpaint London plc
Warpaint sells branded cosmetics
under the lead brand names of W7 and Technic. W7 is sold in the UK
primarily to major retailers and internationally to local
distributors or retail chains. The Technic brand is sold in
the UK and continental Europe with a significant focus on the
gifting market, principally for high street retailers and
supermarkets. In addition, Warpaint supplies cosmetics under
its other brand names of Man'stuff, Body Collection and Chit Chat,
each targeting a different demographic.
