REG - Iconic Labs PLC - Conversion of Notes and Allotment of Shares

Iconic LabsAnnouncement

28/05/2025 17:30

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RNS Number : 4885K  Iconic Labs PLC  28 May 2025

Iconic Labs PLC

 

("Iconic" or the "Company")

 

Conversion of Notes and Allotment of Shares

Iconic Labs PLC (LSE:ICON), announces that it has received a valid Conversion
Notice from David Sefton.

The Conversion Notice was dated 28 May 2025 and provides for 1 Convertible
Note to be converted into 195,312 ordinary shares of £0.0001 in the Company
("Ordinary Shares") at a conversion price of GBP 0.0256 at the aggregate
principal amount of £5,000.

Application is therefore being made for an aggregate of 195,312 new Ordinary
Shares to be admitted to trading on the Main Market of the London Stock
Exchange which is expected to be on or around 3 June 2025. These shares rank
pari passu with the existing Ordinary Shares of the Company.

Following the issue of these shares, the Company's issued ordinary share
capital shall consist of 11,356,795 Ordinary Shares. The figure
of 11,356,795 represents the total voting rights in the Company and should be
used by shareholders as the denominator for the calculation by which they can
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the Financial Conduct Authority's
Disclosure Guidance & Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

For any further information or enquiries please contact:

 

 Iconic Labs                                         via Yellow Jersey PR

 John Farquharson, Interim Chief Executive Officer
 Novum Securities Limited                            Tel: +44 (0) 20 7399 9400

 David Coffman / Daniel Harris
 Yellow Jersey PR                                    Tel: +44 (0) 20 3004 9512

 Charles Goodwin

 Annabelle Wills                                     iconic@yellowjerseypr.com

 Bessie Elliot

 

 

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