Issue of Equity for Option Exercise

RNS Number : 1827Z

Draper Esprit PLC

16 September 2020

 

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")

Issue of Equity for Option Exercise under 2016 Company Share Option Plan

Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that on Monday 14 September 2020 the Company approved the allotment of 25,000 new ordinary shares of 1p each in the Company (the "Ordinary Shares") pursuant to the exercise of share options by an employee under the 2016 Company Share Option Plan.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and Euronext Growth and it is expected that admission will take place on 18 September 2020. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 119,207,959 Ordinary Shares.

Enquiries

Draper Esprit plc Martin Davis (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)	[phone]
Numis Securities Nominated Adviser & Joint Broker Richard Thomas Jamie Loughborough	[phone]
Goodbody Stockbrokers Euronext Growth Adviser & Joint Broker Don Harrington Charlotte Craigie Dearbhla Gallagher	[phone]
Powerscourt Public relations Elly Williamson	[phone]

 

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