AquaBounty Technologies Inc logo

AQB - AquaBounty Technologies Inc News Story

$5.48 -0.4  -6.3%

Last Trade - 8:35pm

Small Cap
Market Cap £300.1m
Enterprise Value £237.2m
Revenue £92.3k
Position in Universe 3732nd / 6847

Aqua Bounty Tech Inc - Debt Conversion Update

Wed 21st December, 2016 7:00am
RNS Number : 4173S
Aqua Bounty Technologies, Inc.
21 December 2016

21 December 2016

AquaBounty Technologies Inc.

("AquaBounty" or the "Company")

Debt Conversion Update

AquaBounty Technologies, Inc. (AIM: ABTU; OTC: AQBT), a biotechnology company focused on enhancing productivity in aquaculture and a majority-owned subsidiary of Intrexon Corporation (NYSE: XON) ("Intrexon"), announces an update to its debt conversion.

Further to the Company's announcement of 19 December 2016, the Company can confirm that it has applied for admission to trading on AIM of the 36,387,236 new common shares as a result of the proposed conversion of the Intrexon debt facility, and expects admission to occur on 22 December 2016. Following this share issue, the Company's issued share capital will consist of 193,915,210 common shares with voting rights. The Company holds no common shares in Treasury and therefore, the total number of voting rights in the Company is 193,915,210.

The above figure of 193,915,210 may be used by shareholders as the denominator for their 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 FCA's Disclosure and Transparency Rules.



David Frank, Chief Financial Officer

+1 978 648 6048

Stifel Nicolaus Europe Limited

Stewart Wallace

+44 20 7710 7600

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

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