7th Dec 2011 07:00
7 December 2011
TYRATECH, INC.
("TyraTech" or the "Company")
Migration of Shares, Block Listing Interim Review
and Total Shares in Issue
Migration of Shares
TyraTech, Inc. (AIM: TYR), a natural life sciences company announces that certain common shares in the Company on its restricted "TYR" trading line have now migrated to its unrestricted trading line "TYRU".
Following the migration of these shares, which is expected to occur on 13 December 2011, the Company will have a total of 51,856,218 common shares admitted to AIM (excluding those shares admitted and not allotted under the Block listing announced on 25 February 2011), of which 40,063,896 will continue to trade under the symbol TYR in a restricted manner as permitted by Regulation S of the U.S. Securities Act of 1993 (the "Securities Act") and 11,792,322 will trade under the symbol TYRU in an unrestricted manner pursuant to an exemption provided under the Securities Act. CREST settlement will not be available for trades in TYR shares.
Block Listing Interim Review
Name of company: | TyraTech, Inc. |
Name of scheme: | 2007 Equity Compensation Plan of the Company |
Period of return: | From: 25 February 2011 To: 7 December 2011 |
Number and class of securities not issued under the scheme at the start of the period | 5,183,746 common shares |
Number of securities issued under the scheme during the period | 18,750 |
Balance under the scheme of securities not yet issued at the end of the period | 5,164,996 |
Number and class of securities originally admitted and the date of admission | 5,183,746 common shares on 2 March 2011 |
Name of contact: | Peter Jerome |
Telephone number of contact: | +1 919 415 4280 |
Total Shares in Issue
The Company wishes to correct the announcements made on 18 May 2010 (Update to Fundraising) and 19 May 2010 (Result of Special Meeting) for the amount of common shares issued to subscribers as part of the subscription announced on 10 May 2010. The announcements indicated that 24,444,444 common shares were issued to subscribers. However, the actual number of common shares issued to subscribers was 24,443,888.
Therefore, the Company has a total of 51,856,218 common shares admitted to AIM (excluding those shares admitted and not allotted under the block listing announced on 25 February 2011).
For further information please contact:
TyraTech Inc. Alan Reade, Executive Chairman Peter Jerome, Chief Financial Officer
|
Tel: +1 919 415 4310 Tel: +1 919 415 4280 |
Brewin Dolphin Limited (Nominated Adviser) Robert Beenstock
| Tel: +44 845 213 1000
|
Related Shares:
Tyratech