1st Dec 2014 13:56
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
Related Shares:
Plant Impact