REG - EnSilica PLC - Exercise of Warrants, Issue of Equity & TVR

EnSilicaAnnouncement

04/04/2024 07:00

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RNS Number : 1973J  EnSilica PLC  04 April 2024

4 April 2024

EnSilica plc

("EnSilica", the "Company" or the "Group")

 

Exercise of Warrants, Issue of Equity

and Total Voting Rights

 

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific
Integrated Circuits), announces that it has received notice for the exercise
of warrants to subscribe for 40,000 new ordinary shares of 0.1 pence each in
the Company (the "Ordinary Shares").  The exercise price of the warrants is
55 pence per new Ordinary Share and will generate proceeds of £22,000.00 for
the Company.

 

The warrants were issued to subscribers of new Ordinary Shares in the placing
announced by the Company on 14 December 2023 and following today's exercise of
warrants, there are 3,085,000 of these warrants outstanding.

 

Admission to AIM

 

Application has been made to London Stock Exchange plc for the 40,000 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective and that dealings in the new Ordinary
Shares will commence on AIM at 8.00 a.m. on or around 10 April 2024.

 

Total Voting Rights

 

Upon Admission, the Company's issued share capital will consist of 85,045,158
Ordinary Shares with one voting right each. The Company does not hold any
Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares
and voting rights in the Company will be 85,045,158. With effect from
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.

 

For further information please contact:

 

 EnSilica plc                                                         Via Vigo Consulting

 Ian Lankshear, Chief Executive Officer                               +44 (0)20 7390 0233

 www.ensilica.com (http://www.ensilica.com/)

 Allenby Capital Limited, Nominated Adviser & Joint Broker             +44 (0)20 3328 5656

 Jeremy Porter / Vivek Bhardwaj (Corporate Finance)                   info@allenbycapital.com

 Joscelin Pinnington / Tony Quirke (Sales & Corporate Broking)

 Singer Capital Markets, Joint Broker

 Rick Thompson / Asha Chotai                                           +44 (0)20 7496 3000

 Vigo Consulting (Investor & Financial Public Relations)              +44 (0)20 7390 0233 ensilica@vigoconsulting.com

 Jeremy Garcia / Kendall Hill

 

About EnSilica

 

EnSilica is a leading fabless design house focused on custom ASIC design and
supply for OEMs and system houses, as well as IC design services for companies
with their own design teams. The company has world-class expertise in
supplying custom RF, mmWave, mixed signal and digital ICs to its international
customers in the automotive, industrial, healthcare and communications
markets. The company also offers a broad portfolio of core IP covering
cryptography, radar, and communications systems. EnSilica has a track record
in delivering high quality solutions to demanding industry standards. The
company is headquartered near Oxford, UK and has design centres across
the UK and in India and Brazil.

 

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