Issue of Ordinary Shares Under Funding Round
21/04/2022 18:15
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RNS Number : 9724I Tintra PLC 21 April 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
21 April 2022
TINTRA PLC
("Tintra", the "Group" or the "Company")
Issue of Ordinary Shares Under Funding Round
Further to the announcement of 21 March 2022, the Board is please to confirm
that the US$2,000,000 in settlement of the two subscriptions each of
US$1,000,000 for 148,511 new ordinary shares of 1 pence each in the capital of
the Company ("Ordinary Shares"), priced at 504 pence per Ordinary Share, at an
exchange rate of £1.00:$1.336, has been received (the "Subscriptions"). An
application for the 297,022 new Ordinary Shares issued under the Subscriptions
to be admitted to trading on AIM ("Admission") will be made shortly, with
Admission expected to become effective on or around 27 April 2022. 594,044
Warrants, on the terms set out in the announcement of 21 March 2022, will also
be issued under the Subscriptions.
Total Voting Rights
On Admission, the Company will have 14,848,669 Ordinary Shares in issue, each
with one voting right. There are no shares held in treasury. Therefore, the
Company's total number of Ordinary Shares and voting rights will be 14,848,669
and this figure may be used by shareholders from Admission 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 Company under
the FCA's Disclosure Guidance and Transparency Rules.
For further information, contact:
Tintra PLC 020 3795 0421
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com
Allenby Capital Limited 020 3328 5656
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek Bhardwaj
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