REG - BSF Enterprise PLC - Results of General Meeting & Allotment of Shares

BSF EnterpriseAnnouncement

26/09/2023 14:45

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RNS Number : 7207N  BSF Enterprise PLC  26 September 2023

 

 

FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT
CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR
ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY
SECURITIES IN ANY JURISDICTION.

 

26 September 2023

BSF Enterprise plc

("BSF" or the "Company")

 

Results of General Meeting

Allotment of shares‎‎

 

BSF Enterprise plc (LSE: BSFA), the Main Market listed biotech company and
owner of pioneering UK-based clinical and cellular agriculture company 3D
Bio-Tissues, is pleased to announce that at the Company's General Meeting held
earlier today, all resolutions proposed were duly passed by shareholders by
way of a poll.

 

Full details of the voting at the General Meeting are set out in the table
below.

 

Allotment of Shares

 

As previously announced on 29 March and 12 April 2023, the Company confirms
that it has today allotted 364,739 ordinary shares, constituting the 264,739
Second Tranche Shares and the 100,000 Financial PR Shares  (together, "New
Ordinary Shares"), conditionally on the admission of such New Ordinary Shares
‎to the Official List by way of a Standard Listing ‎and to trading on the
London Stock Exchange's ‎Main Market for listed securities‎ ("Admission")
at the issue price of 17 pence per New Ordinary Share, 7.25p or 43% above the
share price as at 14:00 on 26 September 2023.

 

Applications have been made to the FCA and to the London Stock Exchange for
the admission of the New Ordinary Shares ‎to the Official List by way of a
Standard Listing ‎and to trading on the London Stock Exchange's ‎Main
Market for listed securities.  It is expected that Admission will become
effective at or around 8.00 a.m. on 27 September 2023 and that dealings in the
New Ordinary Shares will commence at that time and that trading in the New
Ordinary Shares will resume at that time.

 

The New Ordinary Shares will, when issued, be credited as fully paid and will
rank pari passu in all respects with the existing ordinary Shares of the
Company and will on issue be free of all claims, liens, charges, encumbrances
and equities.

 

Total Voting Rights

 

The Company confirms that with effect from Admission, the Company's issued
share capital will comprise ‎103,336,937‎ ordinary shares of £0.01 each,
with each share carrying the right to one vote. The Company does not hold any
ordinary shares in treasury.

 

The above figure of ‎103,336,937 ‎ 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 of a change to their interest in the
Company under the FCA's Disclosure and Transparency Rules.

 

Results of General Meeting

 

The resolutions were put to shareholders via a poll, the results of which were
as follows:

 

 Resolution      Poll Results
         For     Against     Abstain  Discretionary  Total
 1       Shares  45,634,735  162,925  -              -      45,797,660
         %       99.64%      0.36%    -              -      100%
 2       Shares  45,629,735  167,925  -              -      45,797,660
         %       99.63%      0.37%    -              -      100%

 

The total number of ordinary shares in issue on 26 September 2023 was
‎102,972,198 shares.

 

The full text of the resolutions can be found in the Circular and Notice of
General Meeting dated 7 September 2023, which is ‎available on the Company's
website at:‎ https://www.bsfenterprise.com/investors

 

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of
all the ‎resolutions passed by the Company's shareholders, other than
ordinary business will be ‎submitted to the National Storage Mechanism and
will shortly be available for ‎inspection at

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Unless otherwise defined herein, capitalized terms used in this announcement
shall have the same meanings as defined in the Circular.

 

Further announcements will be made in due course, as appropriate.

 

Enquiries:
 BSF Enterprise PLC
 Geoff Baker - Executive Director

 Che Connon - Managing Director

 Shard Capital (Broker)
 Damon Heath                             0203 971 7000

0207 1869 927
 Isabella Pierre

 SEC Newgate (Financial Communications)
 Bob Huxford                             020 3757 6882

 Elisabeth Cowell                        BSF@secnewgate.co.uk

 George Esmond

For further information, please visit www.bsfenterprise.com.

LEI: ‎‎2138007PJT69H8FYLC06‎

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