Dispersion Holdings - Issue of Warrants
11/01/2022 07:00
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RNS Number : 9954X Dispersion Holdings PLC 11 January 2022
Press Release
11 January 2022
DISPERSION HOLDINGS PLC
("Dispersion" or "the Company")
Issue of Warrants
Dispersion (AQSE: DEFI), an incubator specialising in decentralised finance
(DeFi), announces that it has issued warrants over 55,600,000 ordinary shares
("the Warrants") to certain of its Directors, other staff members, and outside
service providers.
The Warrants have an exercise price of 4.5 pence per share and can be
exercised at any time until 7 January 2026. The exercise price is 50% higher
than the price at IPO.
Following the grants of the Warrants, the Company has a total 96,200,000
warrants in issue, representing approximately 7.9% of the issued share capital
of the Company.
This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).
The directors of Dispersion Holdings plc accept responsibility for this
announcement.
For further information, please contact:
Dispersion Holdings
Philip Blows via Tancredi +44 207 887 7633
Chief Executive
Neil Thapar +44 7876 455 323
Investor Relations
Tennyson Securities
Corporate Broker
Peter Krens +44 207 186 9030
Novum Securities
AQSE Corporate Adviser +44 207 399 9400
David Coffman / Lucy Bowden
Broker
Colin Rowbury / Jon Belliss
Tancredi Intelligent Communication
Media Relations
Edward Daly +44 7861 430 057
Charlie Hobbs +44 7897 557 112
dispersion@tancredigroup.com (mailto:dispersion@tancredigroup.com)
About Dispersion Holdings PLC:
Dispersion Holdings is an incubator specialising in opportunities in
decentralised finance (DeFi), a disruptive technology using blockchain and
cryptocurrencies to remove financial intermediaries from transactions,
creating a cheaper, more efficient and more secure way of providing financial
services. Listed on the Aquis Exchange in London, we apply our expertise to
the business operations and strategic plans of FinTech companies in the UK,
USA and Canada, and act as an accelerator for start-ups and early-stage
companies. www.dispersionholdings.com (http://www.dispersionholdings.com)
1. Details of the person discharging managerial responsibilities/person closely
associated
a. Name 1) Phil Blows
2) Digby Try
3) Mike Edwards
4) Nicholas Lyth
2. Reason for Notification
a. Position/Status 1) CEO
2) Director
3) Executive Chairman
4) Director
b. Initial Notification/Amendment Initial notification
3. Details of the issuer emission allowance market participant, auction platform,
auctioneer or auction monitor
a. Name Dispersion Holdings PLC
b. LEI 213800JY9TG4848ZLR34
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a. Description of the financial instrument, type of instrument Warrants of Ordinary Shares of 4.5p each
Identification Code
ISIN Code: GB00BN6JHS87
b. Nature of the transaction Issue of Warrants
c. Price(s) and volume(s) Price Volume
1) 4.5p 15,000,000
2) 4.5p 15,000,000
3) 4.5p 8,000,000
4) 4.5p 4,000,000
d. Aggregated information
Aggregated Volume 42,000,000
Price 4.5p
e. Date of the transaction 8 January 2022
f. Location of the transaction London, United Kingdom
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