Dukemount Capital Plc ("Dukemount" or the "Company") Issue of Equity
Further to its announcement of 10 October 2022 regarding further funding and funding restructuring, Dukemount Capital Plc, has issued 74,575,000 ordinary shares to settle a 9.5% extension fee of £74,575 to its existing Noteholders.
When issued, the New Shares will be credited as fullypaidandwillrankparipassu in allrespects with theexistingordinarysharesinthesharecapitaloftheCompany,including the right to receive all dividends and otherdistributionsdeclared,madeorpaidonor in respectofsuchsharesafterthe date ofissueof the New Shares.
Application has beenmade to the FinancialConductAuthority("FCA")foradmissionof the NewShares to the standardlistingsegmentof the OfficialListand to the LondonStockExchange(the"LSE") for admissiontotradingofthe New SharesontheLSE'sMainMarket for listedsecurities(together"Admission"). It is expected that Admission will takeplace at 8 a.m. onoraround 17 October 2022andthatdealings in the New SharesontheLSE'smainmarketforlistedsecuritieswill commence at the same time.
The Companydoes not holdanyOrdinaryShares in treasury.Therefore,followingAdmission, the total numberofvotingrightsinDukemount Capital plc
is 588,110,974. This figure may be used by shareholders as thedenominatorfor the calculations by which they willdetermine if they are required to notifytheir interest in,or a change in their interestin, the Company undertheFCA's
The informationcommunicated in thisannouncementcontains inside informationfor the purposesofArticle 7 of the MarketAbuseRegulation(EU)No.596/2014 (as in force in the UnitedKingdompursuant to the EuropeanUnion(Withdrawal) Act 2018).
For furtherinformation,pleasevisit www.dukemountcapitalplc.com or contact:
Dukemount Capital Plc |
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Geoffrey Dart / Paul Gazzard |
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Media Enquries |
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Miriad Media, Zak Mir |
Tel: +44 (0)7867 527 659 |