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Dukemount Capital Plc issued 128,132,190 ordinary shares on 20 October 2022 following a notice to convert a portion of its funding agreement. Applications will be made for admission of these shares to the standard listing segment of the Official List and the LSE's Main Market, with admission expected around 8 a.m. on 25 October 2022. Following admission, the Company's total voting rights will be 716,243,164.
| Date | 20 Oct 2022 |
| Time | 09:26:50 |
| Category | Capital structure |
| ID | 5514D |
Dukemount Capital Plc ("Dukemount" or the "Company") Issue of Equity
Further to its announcement of 10 October 2022 regarding further funding and funding restructuring, Dukemount Capital Plc, has issued 128,132,190 ordinary shares following notice received to convert a portion of the outstanding amount on the funding agreement dated 14 September 2021 (as amended on 10 October 2022 by a deed of variation) (the "Funding Agreement").
When issued, the New Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the New Shares.
Application will be made to the Financial Conduct Authority ("FCA") for admission of the New Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the New Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at 8 a.m. on or around 25 October 2022 and that dealings in the New Shares on the LSE's main market for listed securities will commence at the same time.
The Company does not hold any Ordinary Shares in treasury. Therefore, following Admission, the total number of voting rights in Dukemount Capital plc
is 716,243,164. This figure 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 in their interest in, the Company under the FCA's
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018).
For further information, please visit www.dukemountcapitalplc.com or contact:
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Dukemount Capital Plc |
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Geoffrey Dart / Paul Gazzard |
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Media Enquries |
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Miriad Media, Zak Mir |
Tel: +44 (0)7867 527 659 |