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Result of Broker Option

21st Jul 2025 16:39

RNS Number : 9303R
Gunsynd PLC
21 July 2025
 

Gunsynd Plc

 

("Gunsynd" or the "Company")

 

Result of Broker Option

Issue of Equity

 

Gunsynd (AIM: GUN) announces that, further to the announcement of 18 July 2025, it has raised gross proceeds of £30,000 from the Broker Option through the issue of 25,000,000 new ordinary shares of 0.085 pence each ("Ordinary Shares") at 0.12 pence per share (the "Issue Price") raising gross proceeds of £30,000. Participants in the Broker Option will also receive one warrant for every two new Ordinary Shares subscribed for, exercisable at 0.2 pence from the date of Admission (defined below) and expiring on the one-year anniversary of the date of Admission (the "Warrants"). 12,500,000 Warrants will be issued as part of the Broker Option.

 

Admission of the New Ordinary Shares

 

Application will be made to the London Stock Exchange to admit the 25,000,000 new Ordinary Shares, pursuant to the Broker Option, to trading on AIM ("Admission"). Admission of the new Ordinary Shares is expected to occur on or around 23 July 2025. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

 

Total Voting Rights following Admission

 

For the purpose of the Disclosure and Transparency Rules, following Admission, the enlarged issued share capital of the Company will comprise 1,487,245,222 ordinary shares of 0.085p each. The above figure 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.

 

Capitalised terms used in this announcement shall, unless otherwise defined, have the same meaning as set out in the announcement on 18 July 2025.

 

 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

 

For further information, please contact:

Gunsynd plc

Hamish Harris / Peter Ruse

+44 (0) 78 7958 4153

Cairn Financial Advisers LLP

Liam Murray / James Western

+44 20 7213 0880

Peterhouse Capital Limited

Lucy Williams

+44 20 7469 0936

 

 

 

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Gunsynd
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