Grant of Warrants
09/06/2023 07:00
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RNS Number : 1766C Cellular Goods PLC 09 June 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
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Press release
9 June 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 a total of 3,000,000 warrants to subscribe for new
ordinary shares of £0.001 each ("Warrants") to members of its Advisory Board.
The Warrants are exercisable at 1.5 pence per ordinary share.
One third of the warrants will vest on 8 June 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 8 June 2028.
Following the issue of the Warrants, the Company has a total of 12,500,000
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) .
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