REG - Adalan Ventures PLC - Statement re Share Consolidation

Adalan VenturesAnnouncement

25/07/2023 12:00

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RNS Number : 1330H  Adalan Ventures PLC  25 July 2023

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For Immediate Release

25 July 2023

Adalan Ventures Plc

("Adalan" or the "Company")

Update on timing of Share Consolidation

 

Adalan Ventures plc (the 'Company' or 'Adalan') announces an update on the
timing of the share consolidation approved at the General Meeting held on 24th
July 2023.

 

The Company expects that the current ISIN in relation to the Existing Ordinary
Shares will be disabled and marked for expiry in CREST after market close on
27th July 2023. A new ISIN (GB00BMXTZ463) in relation to the New Ordinary
Shares is expected to come into effect at 8:00 a.m. BST on 28th July 2023.

 

All Existing Ordinary Shares standing to the credit of CREST accounts are
expected to be consolidated into New Ordinary Shares by 12:00 (noon) BST on
28th July 2023

 

 

Further information can be found at the corporate website:
 https://adalanventures.com/ (https://adalanventures.com/)

 

 

Enquiries:

 Adalan Ventures Plc
 Siro Cicconi

                            Tel: +44 (0) 73 9377 9849

 Optiva Securities Limited
 Vishal Balasingham         Tel: +44 (0) 20 3137 1902

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ("MAR").

 

 

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