REG - Warpaint London PLC - Application for Admission of Shares and TVR

Warpaint LondonAnnouncement

12/02/2025 15:45

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RNS Number : 9018W  Warpaint London PLC  12 February 2025

12 February 2025

 

 

Warpaint London PLC

("Warpaint", the "Company" or the "Group")

 

Application for Admission of Shares and

Total Voting Rights

 

Warpaint notes the announcement earlier today by Brand Architekts Group plc
("BAR") in relation to its Acquisition by the Company which confirmed, amongst
other things, that Eligible Brand Architekts Shareholders had elected to
receive, in aggregate, 103,422 new Warpaint ordinary shares of 25 pence each
("Ordinary Shares") in the Company under the Alternative Share Offer (the "New
Ordinary Shares").

The Company confirms that it has made an application to the London Stock
Exchange for the 103,422 New Ordinary Shares to be admitted to trading on AIM
("Admission").

Admission is expected to take place, and dealings in the New Ordinary Shares
are expected to commence, at 8.00 a.m. on 13 February 2025. The New Ordinary
Shares, when issued, will be credited as fully paid and will rank pari passu
in all respects with the existing Ordinary Shares, including the right to
receive all dividends and other distributions declared, made or paid after the
date of issue.

A scheme document in relation to the Acquisition was published by BAR on 19
December 2024 (the "Scheme Document"). Capitalised terms in this announcement,
unless otherwise defined, have the same meanings as set out in the Scheme
Document.

Total Voting Rights

Following Admission, the total issued capital of the Company will consist of
80,787,321 ordinary shares with voting rights. The Company does not hold any
ordinary shares in treasury.

Therefore, the total number of voting rights in the Company following
Admission will be 80,787,321  and 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.

Enquiries:

 Warpaint London                                      c/o IFC

 Sam Bazini - Chief Executive Officer

 Eoin Macleod - Managing Director

 Neil Rodol - Chief Financial Officer

 Shore Capital (Nominated Adviser & Broker)           020 7408 4090

 Patrick Castle, Daniel Bush - Corporate Advisory

 Fiona Conroy - Corporate Broking

 IFC Advisory (Financial PR & IR)                     020 3934 6630

 Tim Metcalfe, Graham Herring, Florence Chandler

Fladgate LLP is acting as legal adviser to Warpaint in relation to the
Acquisition.

 

Warpaint London plc

 

Warpaint sells branded cosmetics under the lead brand names of W7 and Technic.
W7 is sold in the UK primarily to major retailers and internationally to local
distributors or retail chains.  The Technic brand is sold in the UK and
continental Europe with a significant focus on the gifting market, principally
for high street retailers and supermarkets.  In addition, Warpaint supplies
cosmetics under its other brand names of Man'stuff, Body Collection and Chit
Chat, each targeting a different demographic.

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