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Warrant Certificates

14th Aug 2017 16:16

RNS Number : 9594N
Blur Group PLC
14 August 2017
 

blur Group plc

("blur", the "Group" or the "Company")

 

Warrant Certificates

 

blur Group plc (AIM: BLUR), the market-leading Indirect Spend Management platform, announces that, in connection with the Company's announcement published on 7 July 2017 at 7.00 a.m. detailing the expected timetable for the despatch of warrant certificates, the Company is in the process of confirming warrant certificate registration details with placees. The Company expects that this process will be completed shortly, following which the warrant certificates will be despatched to placees.

 

As previously announced, placees will receive one warrant for every 4 placing shares subscribed (rounded down to the nearest whole warrant), entitling them to subscribe for one additional new ordinary share at a price of 3.5 pence, exercisable at any time in the period commencing on the first anniversary of admission of the placing shares on 1 August 2017 and ending 12 months thereafter (a total of 25,000,000 warrants).

 

For further information, please contact:

 

blur Group plc [email protected]

Tel: +44 (0) 1392 927189

 

N+1 Singer

Shaun Dobson/James White Tel: +44 (0) 20 7496 3000

 

Yellow Jersey PR

Felicity Winkles/ Katie Bairsto Tel: +44 (0) 7748 843 871

 

 

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