Grant of Warrants
10/05/2023 17:48
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RNS Number : 0110Z Cellular Goods PLC 10 May 2023
The information contained within this announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014, as retained as part of the law of England and Wales.
Upon the publication of this announcement via the Regulatory Information
Service, this inside information is now considered to be in the public domain.
10 May 2023
Cellular Goods PLC
("Cellular Goods" or "the Company")
Grant of Warrants
Cellular Goods (LSE: CBX) a UK-based skincare and wellness company providing
premium consumer products formulated with lab-produced cannabinoids, announces
that it has granted Misha Sher, the Company's Non-Executive Director, a total
of 2,000,000 warrants to subscribe for new ordinary shares of £0.001 each
('Warrants'). The Warrants are exercisable at 0.97 pence per ordinary share.
One third of the warrants will vest on 10 May 2024 with the remaining two
thirds vesting in 24 equal monthly instalments thereafter. The Warrants have
an exercise period from the date of grant to 10 May 2028.
Following the issue of the Warrants, the Company has a total of 59,460,000
warrants in issue.
For further information please contact:
Cellular Goods
Darcy Taylor via Tancredi +44 207 887 7633
Chairman and interim CEO
Neil Thapar +44 787 645 5323
Investor Relations
First Sentinel Corporate Finance
Corporate Broker & Advisor
Brian Stockbridge +44 7876 888 011
Novum Securities
Corporate Broker
Colin Rowbury
Jon Belliss +44 207 399 9427
Tancredi Intelligent Communication
Media Relations
Helen Humphrey +44 744 922 6720
Charlie Hobbs +44 789 755 7112
cellulargoods@tancredigroup.com (mailto:cellulargoods@tancredigroup.com)
About Cellular Goods PLC:
Cellular Goods develops and markets premium quality skincare and wellness
products based on proprietary formulations incorporating biosynthetic lab-made
cannabinoids. Our branded products are efficacy-led and research-backed and
available online in the UK and US. The Company is incorporated in the UK and
listed on the Main Market of the London Stock Exchange. For more information,
visit www.cellular-goods.com (http://www.cellular-goods.com) .
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Misha Sher
2. Reason for the Notification
a) Position/status Non-executive director
b) Initial notification / Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cellular Goods PLC
b) LEI 213800IXPX4Z2MKX2U28
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the Financial instrument, type of instrument Ordinary Shares of £0.001 each
ISIN ISIN: GB00BK964W87
b) Nature of the transaction Grant of warrants over 2,000,000 ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 0.97 pence per Ordinary Share 2,000,000
Ordinary Shares
d) Aggregated information:
· Aggregated volume 2,000,000 Ordinary Shares
· Price Exercise price of 0.97 pence per Ordinary Share
e) Date of the transaction 10(th) May 2023
f) Place of the Transaction Outside a trading venue
d)
Aggregated information:
· Aggregated volume
· Price
2,000,000 Ordinary Shares
Exercise price of 0.97 pence per Ordinary Share
e)
Date of the transaction
10(th) May 2023
f)
Place of the Transaction
Outside a trading venue
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