6th Jan 2020 17:09
6 January 2020
Defenx PLC
("Defenx", the "Company" or the "Group")
Delisting from AIM
Result of Exit Opportunity
Further to the Company's announcement of 4 December 2019, and subsequent approval by Shareholders of the Cancellation at the General Meeting on 20 December 2019, the Company confirms that admission to trading on AIM of the Company's Ordinary Shares will be cancelled at 7.00 a.m. tomorrow, 7 January 2020.
Result of Exit Opportunity
The Company has also been informed by BV Tech that, further to BV Tech's announcement of 4 December 2019 regarding the Exit Opportunity, which closed at 1.00 p.m. today, BV Tech has purchased, in aggregate, 8,070,059 Ordinary Shares pursuant to the Exit Opportunity and is now interested in a total of 34,034,909 Ordinary Shares, representing approximately 87.9 per cent. of the existing issued Ordinary Shares and voting rights in the Company.
Further details of the Cancellation are set out in the Circular posted to shareholders and available on the Company's website at https://investors.defenx.com.
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those used in the Company's announcement of 4 December 2019.
Enquiries
Defenx PLC Anthony Reeves - Interim Executive Chairman | 020 3198 9414 |
Strand Hanson Limited (Nominated and Financial Adviser to the Company) Richard Tulloch / Stuart Faulkner / James Bellman | 020 7409 3494 |
WH Ireland (Broker to the Company) Adrian Hadden / James Sinclair-Ford Melvyn Brown (Sales & Trading) | 020 7220 1666 |
IFC Advisory (Financial PR and IR) Tim Metcalfe / Graham Herring / Florence Chandler | 020 3934 6630 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
Related Shares:
DFX.L