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REG - Corcel PLC - Exercise of Warrants - Total Voting Rights

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RNS Number : 9039F  Corcel PLC  07 March 2024

 

Corcel PLC

("Corcel" or the "Company")

 

 Exercise of Warrants - Total Voting Rights

 

 

7 March 2024

 

Corcel Plc (London AIM: CRCL), the Angolan focused exploration and production
company, is pleased to announce that it has received notice of the exercise of
100,000,000 warrants at a price of £0.0021 per share, for gross proceeds of
£210,000, which have been credited to the Company's account. Accordingly, the
Company has issued 100,000,000 new ordinary shares of £0.0001 each ("Warrant
Shares") in the Company.

 

Admission to Trading on AIM and Total Voting Rights

 

Application is being made for the Warrant Shares to be admitted to trading on
AIM, the admission of which it is expected on or around 13 March 2024.

 

In accordance with the provision of the Disclosure Guidance and Transparency
Rules of the Financial Conduct Authority, the Company confirms that,
following the issue of the Shares, its issued ordinary share capital will
comprise 1,874,794,153 ordinary shares.

 

All of the ordinary shares have equal voting rights and none of the ordinary
shares are held in Treasury. The total number of voting rights in the Company
will therefore be 1,874,794,153. The above figure may be used by shareholders
as the denominator for the calculations to determine if they are required to
notify their interests in, or change to their interest in, the Company.

 

For further information, please contact:

Antoine
Karam
Corcel Plc Executive Chairman

Development@Corcelplc.com (mailto:Development@Corcelplc.com)
 

James Joyce / James Bavister /Andrew de Andrade             WH
Ireland Ltd NOMAD & Broker

0207 220 1666
 
 

Patrick d'Ancona
 
Vigo Communications IR

0207 3900 230
 

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

 

 

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