Issue of Warrants

RNS Number : 2068K

Revolymer PLC

17 August 2012

 



Revolymer plc

("Revolymer" or "the Company")

Issue of warrants

Revolymer, the British polymer company developing products for a number of high value fast moving consumer goods (FMCG) markets, announces that pursuant to an engagement letter dated 27 January 2011 with XCAP Securities Plc ("XCAP") and as disclosed in the Company's AIM Admission Document dated 4 July 2012, Revolymer has executed the warrant agreement and issued warrants over 316,290 ordinary shares of 1p each ("Ordinary Shares") in favour of XCAP (the "Warrants").

The Warrants are excisable at a price of 92 pence per Ordinary Share with an expiry date of 31 May 2016.

-Ends-

About Revolymer®

Revolymer® is a rapidly growing technology development company which has developed a unique portfolio of products and formulations for the FMCG industry. Using commercially available and inexpensive polymers, Revolymer® applies its innovative proprietary approach to formulate novel polymers to revolutionise consumer products. Current applications for the Company's technology are in the Confectionery Chewing Gum, Medicated Chewing Gum, Household Products, Personal Care and Coatings & Adhesives sectors of the FMCG industry.

For further information please contact [e-mail] or visit our website Revolymer.com.

Revolymer plc	[phone]
Roger Pettman Rob Cridland
Panmure Gordon (UK) Limited	[phone]
Callum Stewart / Adam James (Corporate Finance) Adam Pollock / Charles Leigh-Pemberton (Corporate Broking)
Citigate Dewe Rogerson	[phone]
Ginny Pulbrook / David Dible / Jos Bieneman

 

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