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Director's Dealing

18th Jul 2017 14:08

RNS Number : 4060L
Polemos PLC
18 July 2017
 

For Immediate Release 18 July 2017

 

 

POLEMOS PLC

("Polemos" or "the Company")

 

DIRECTOR SUBSCRIPTION AND TOTAL VOTING RIGHTS

 

Polemos, further to the announcement made earlier today relating to the placing to raise £500,000 (the "Placing"), has been informed that, Hamish Harris, a director, has now subscribed for a total of 44,444,444 shares on the same terms (the "Director's Shares") for a sum of £10,000 following the announcement of the Placing.

 

Application has been made for the 2,177,777,778 new ordinary shares of 0.01 pence each (the "Ordinary Shares") issued under the Placing, together with the 44,444,444 Director's Shares, to be admitted to trading on AIM ("Admission"), such Admission is expected to occur on or around 24 July 2017. On Admission, the Company will have 5,160,915,400 Ordinary Shares in issue with voting rights and the Placing Shares and Director's Shares will rank pari passu in all respects with the existing ordinary shares of the Company, including the right to receive all dividends and other distributions declared after the date of their issue. 

 

END.

 

For further information, please contact:

 

Polemos plc

Hamish Harris

 

+44 (0)20 7440 0640

Beaumont Cornish Limited (Nomad and Broker)

James Biddle

Roland Cornish

 

+44 (0)20 7628 3396

www.beaumontcornish.com

Peterhouse Corporate Finance (Joint Broker)

Lucy Williams

 

+44 (0)20 7469 0930 

 

Hamish Harris

 

1

Details  of  th person  dischargin managerial  responsibilitie  person  closely associated

a)

Name

Hamish Harris

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auctionplatform, auctioneer or auction monitor

a)

Name

Polemos plc

 

b)

LEI

213800SZMUM1M5ROGI69

4

Details of the transaction(s): section to be repeated for (i) each type ofinstrument(ii) each type of transaction; (iii) each date; and (iv) each placwhere transactionhave been conducted

a)

Description  of the financial instrument, type of instrument

 

Identification code

44,444,444 Ordinary shares of 0.01 pence each in Polemos plc

 

 

ISIN GB0032654641

 

 

Nature of the transaction

Purchase of new ordinary shares as described above

 

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

0.0225 pence

44,444,444

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

18 July 2017

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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