REG - Oracle Power PLC - Exercise of Warrants
RNS Number : 2958POracle Power PLC17 February 2021
17 February 2021
Oracle Power PLC
("Oracle", the "Company")
Exercise of Warrants
Oracle Power PLC (AIM:ORCP), the AIM listed natural resources and power project developer, announces that it has received a notice of exercise in respect of certain pre-existing warrants to subscribe for, in aggregate, 6,000,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") at a price of 0.25 pence per share. The exercise of these warrants amounts to an aggregate cash subscription of £15,000.
Application will be made to the London Stock Exchange plc for the admission of the 6,000,000 new Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective at 8.00 a.m. on 22 February 2021.
Following Admission, the Company's issued share capital will comprise 2,174,682,937 Ordinary Shares. As the Company does not hold any shares in treasury, this figure of 2,174,682,937 Ordinary Shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
*ENDS*
For further information on Oracle Power Plc, visit the Company's website http://www.oraclepower.co.uk or contact:
Oracle Power PLC
Naheed Memon
+44 (0) 203 580 4314
Strand Hanson Limited (Nominated Adviser)
Rory Murphy, James Harris, Jack Botros
+44 (0) 20 7409 3494
Brandon Hill Capital Limited (Joint Broker)
Oliver Stansfield
+44 (0) 203 463 5000
Shard Capital (Joint Broker)
Damon Heath
Isabella Pierre
St Brides Partners Limited (Financial PR)
Susie Geliher
Catherine Leftley
+44 (0) 20 7186 9952
+44 (0) 20 7236 1177
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDIOEBUGDDISBDGBL
Recent news on Oracle Power
See all newsREG - Oracle Power PLC - 1.3GW renewable power plant ESIA report submitted
AnnouncementREG - Oracle Power PLC - ESIA Report Completed
AnnouncementREG - Oracle Power PLC - Q1 2024 Update and Shareholder Q&A
AnnouncementREG - AIM - AIM Notice - 12/04/2024
AnnouncementREG - Oracle Power PLC - Completion of Geotechnical Study & ER Survey
Announcement