REG - Built Cybernetics - Director/PDMR Exercise of Warrants

Built CyberneticsAnnouncement

20/05/2025 07:00

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RNS Number : 3050J  Built Cybernetics PLC  20 May 2025

 

20 May 2025

 

Built Cybernetics plc

("Built Cybernetics", the "Company," or, together with its subsidiaries, the
"Group")

Director/PDMR Exercise of Warrants and Total Voting Rights

Investor Presentation at Mello2025

Built Cybernetics plc (AIM: BUC), the Smart Buildings Group, confirms that,
further to its announcement on 29 April 2025, the exercise of warrants to
subscribe for ordinary shares of one penny each in the Company ("Ordinary
Shares") by certain directors/PDMRs has now been completed.

In aggregate, 14,000,000 new Ordinary Shares have been allotted and issued.
Total gross proceeds of £140,000 have been received by the Company. Full
details of the exercise of warrants are set out in the Company's announcement
on 29 April 2025.

Admission to Trading and Total Voting Rights

Application has been made to the London Stock Exchange for admission
("Admission") of the 14,000,000 new Ordinary Shares to trading on AIM. It is
expected that Admission will occur on or around 21 May 2025.

Following Admission, the Company's issued ordinary share capital will consist
of 355,072,100 Ordinary Shares, with one vote per share. The Company does not
hold any Ordinary Shares in treasury. Therefore, on Admission, this figure may
be used by shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

Nick Clark, Freddie Jenner, and Jason Brameld (respectively the Group's Chief
Executive, Chief Operating Officer, and Chief Technical Officer) are members
of a concert party which collectively, following Admission, will be interested
in 103,169,484 Ordinary Shares representing 29.06% of the Company's issued
ordinary share capital.

There are now 23,500,000 warrants outstanding which, if exercised, would raise
a further £235,000 for the Company.

Investor Presentation at Mello2025

The Company is pleased to announce that Nick Clark and Freddie Jenner will be
presenting at the Mello2025 investor event on Wednesday 4 June 2025. Mello2025
is being held at The Clayton Hotel & Conference Centre, Chiswick High
Road, London, W4 5RY. Information about the event including a 50% discount on
tickets is available by viewing this RNS on the Company's website using the
Investor Enquiries link below.

For further information, please contact:

 Investor Enquiries

 We encourage all investors to share questions on this announcement via our   https://builtcybernetics.com/link/LPZBNP
 investor hub                                                                 (https://builtcybernetics.com/link/LPZBNP)
 Built Cybernetics plc

 Nick Clark, Chief Executive                                                  +44 (0) 20 7843 3001
 Strand Hanson Limited, Financial and Nominated Advisor

 Richard Johnson, James Bellman                                               +44 (0) 20 7409 3494
 Zeus Capital Limited, Broker

 Simon Johnson, Louisa Waddell                                                +44 (0) 20 3829 5000

 

About Built Cybernetics plc

Built Cybernetics is a London-quoted PropTech group delivering Smart Buildings
and related services. The Group is uniquely positioned to ensure the technical
systems that run modern premises are designed as an integral part of the
structure, from the outset. By cross-selling smart buildings services
alongside our renowned architecture projects, the Group's strategy positions
Built Cybernetics plc to build beyond one-off project fees and generate
scalable and recurring revenues for our investors.

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