Dukemount Capital - Issue of Equity
26/10/2022 09:32
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RNS Number : 1725E Dukemount Capital PLC 26 October 2022
Dukemount Capital Plc
("Dukemount" or the "Company") Correction
On 20(th) October the Company announced that Dukemount Capital Plc, had
issued 128,132,190 ordinary shares following notice received to
convert a portion of the outstanding amount on the funding agreement dated 14
September 2021 (as amended on 10 October 2022 by a deed of variation) (the
"Funding Agreement").
Application was made to the Financial Conduct Authority ("FCA") for
admission of the New Shares to the standard listing segment of the Official
List and to the London Stock Exchange (the "LSE") for admission to trading of
the New Shares on the LSE's Main Market for listed securities (together
"Admission") with an expected Admission on or around 25 October 2022.
However, following further discussions with its advisers, and a clarification
of the current Prospectus Rules, the application to admit the shares has been
withdrawn. The shares could not be issued and admitted in full without a
Prospectus.
Total Voting Rights
The Company does not hold any Ordinary Shares in treasury. Therefore the
total number of voting rights in Dukemount Capital plc remains as 588,110,974.
This figure 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 a change in their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
The information communicated in this announcement contains inside information
for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014
(as in force in the United Kingdom pursuant to the European Union (Withdrawal)
Act 2018).
For further information, please visit www.dukemountcapitalplc.com
(http://www.dukemountcapitalplc.com/) (http://www.dukemountcapitalplc.com/) or
contact:
Dukemount Capital Plc
Geoffrey Dart / Paul Gazzard
Media Enquries
Miriad Media, Zak Mir Tel: +44 (0)7867 527 659
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