REG - RC Fornax plc - Exercise of Warrants and Total Voting Rights

RC FornaxAnnouncement

20/03/2025 12:00

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RNS Number : 5254B  RC Fornax plc  20 March 2025

RC FORNAX PLC

("RC Fornax" or the "Company")

Exercise of Warrants and Total Voting Rights

RC Fornax plc (AIM:RCFX), the UK-based, highly accredited engineering
consultancy providing high-impact work package solutions for critical military
platforms, announces that it has received a warrant exercise notice to
subscribe for 1,396,234 new ordinary shares of £0.0025 each in capital of the
Company ("Ordinary Shares") at the exercise price of £0.0025 per share.

Admission to Trading and Total Voting Rights

Application has been made to the London Stock Exchange plc for the admission
of the 1,396,234 new Ordinary Shares to trading on AIM which is expected to
become effective at 8:00 a.m. on or around 21 March 2025 ("Admission"). The
new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company's total issued share capital will consist of
57,245,587 Ordinary Shares, with no shares held in treasury. Therefore, on
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 additional information, please contact:

 

 RC Fornax plc                                              info@rcfornax.co.uk (mailto:info@rcfornax.co.uk)

 Paul Reeves - CEO

 Rob Shepherd - CFO

 Strand Hanson Limited (Nominated & Financial Adviser)      +44 (0)20 7409 3494

 Christopher Raggett

 Rob Patrick

 Harry Marshall

 Cavendish Capital Markets Limited (Broker)                 +44 (0)20 7908 6000

 Carl Holmes / George Lawson - Corporate Finance

 Dale Bellis / Harriet Ward - Sales and ECM

 BlytheRay (Financial PR)                                   +44 (0)20 7138 3204

 Tim Blythe                                                 rcfornax@blytheray.com

 Megan Ray

 Said Izagaren

 

About RC Fornax

RC Fornax is an established, highly accredited engineering consultancy, formed
to define and execute engineering design projects under Statements of Work
(SoW), enhancing and augmenting customer capabilities while improving project
efficiency. A rapid growth, market-disruptive, solutions provider in the
defence sector, RC Fornax was founded by two ex-RAF engineers who spotted
deficiencies in the existing outsourced contract defence market. By leveraging
this experience, RC Fornax aims to become a challenger to the industry and
establish itself to be a best-in-class provider of services to the UK defence
sector, by offering a wider range of expertise and capabilities, with an
initial focus on systems, software and hardware engineering.

By utilising a well-established associate community approach to augment core
capabilities, RC Fornax defines and executes engineering design projects under
Statements of Work. Services are provided with the aim of supporting the whole
product lifecycle with expertise of systems, software, and hardware
engineering of high complexity and high integrity platforms.

 

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