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Issue of Equity

1st Dec 2014 13:56

RNS Number : 4929Y
Plant Impact PLC
01 December 2014
 



For Immediate Release 1 December 2014

Plant Impact plc

("Plant Impact" or the "Company")

Issue of Equity

Plant Impact plc (AIM: PIM), an agricultural bioscience company that develops and markets crop enhancement and speciality nutrition products, has been informed that Allenby Capital Limited has exercised a warrant that was granted in 2010 over 123,887 ordinary shares of 1 pence each ("Ordinary Shares"). The exercise price of the warrant is 15 pence.

Allenby Capital Limited was issued the warrant on 25 February 2010 as part consideration for acting as joint broker in a fund raising. The warrant, issued at the subscription price of the fund raising, was exercisable between 15 March 2012 and 15 March 2015.

Accordingly, an application has been made to the London Stock Exchange for 123,887 Ordinary Shares to be admitted to trading on AIM. These Ordinary Shares will rank pari passu with the existing issued Ordinary Shares of the Company and dealings are expected to commence on or around 3 December 2014.

Following admission the Company's total issued share capital will comprise 65,020,400 Ordinary Shares.

Enquiries:

Plant Impact plc

John Brubaker, Chief Executive Tel: +44(0) 1582 465 540

Kate Barnes-Quinn, Finance Director

www.plantimpact.com

 

Peel Hunt LLP, Nomad / Broker

Dan Webster / Richard Brown / George Sellar Tel: +44 (0) 20 7418 8900

 

Buchanan

Charles Ryland / Sophie Cowles / Jane Glover Tel: +44 (0) 20 7920 3150

 

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