Exercise of Warrants

RNS Number : 4495I

Kennedy Ventures PLC

25 March 2015

 

Kennedy Ventures Plc

("Kennedy" or the "Company")

Exercise of Warrants

Kennedy Ventures Plc announces that it has issued and allotted 688,635 ordinary shares of 1 pence each in the capital of the Company following the exercise of warrants at a price of 2 pence per share.

The Company has made application for the 688,635 new ordinary shares of 1 pence each to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 30 March 2015. The 688,635 new ordinary shares will rank pari passu with the existing ordinary shares.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital following Admission will consist of 76,309,748 ordinary shares of 1 pence each.

The above figure may be used by shareholders 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 Disclosure and Transparency Rules.

For further information, please contact: Kennedy Ventures plc
Giles Clarke c/o Billy Clegg	[phone]
Cenkos Securities plc
Derrick Lee Nick Tulloch	[phone]
Peterhouse Corporate Finance
Duncan Vasey	[phone]

 

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