20th Apr 2021 18:02
Corcel PLC
("Corcel" or the "Company")
Issue of Shares upon Warrants Exercise
Total Voting Rights
20 April 2021
Corcel Plc, ("Corcel" or "the Company"), the natural resource exploration and development company with interests in battery metals and flexible grid solutions, announces that it has received notice of the exercise of 12,639,750 warrants at an exercise price of £0.016 per share, for gross proceeds of £202,236.00, which have been credited to the Company's account. Accordingly, the Company has issued 12,639,750 new ordinary shares of £0.0001 each ("Ordinary Shares") in the Company.
Admission to trading on AIM
Application is being made to AIM of London Stock Exchange for 12,639,750 new Ordinary Shares to be admitted to trading on AIM, which will rank pari passu with the Company's existing issued ordinary shares. Dealings are expected to commence on or around 26 April 2021.
Total Voting Rights
Following the issue of the 12,639,750 new Ordinary Shares, the issued share capital of the Company consists of 343,021,364 ordinary shares of £0.0001 each with voting rights. No ordinary shares are held in Treasury.
The above figure of 343,021,364 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 to their interest in the Company under the Disclosure and Transparency Rules.
For Further Information Contact:
Scott Kaintz 0207 747 9960 Executive Director Corcel Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish LimitedThomas Smith 020 7392 1432 Broker Monecor (London) Ltd (ETX Capital)
Simon Woods 0207 3900 230 IR Vigo Communications