Issue of Equity for Option Exercise

RNS Number : 2359T

Draper Esprit PLC

23 March 2021

 

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 investing in and developing high growth digital technology businesses, announces that on 18 March 2021 the Company approved the allotment of 69,296 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 26 March 2021. 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 139,097,075 Ordinary Shares.

  Enquiries

Draper Esprit plc Martin Davis (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)	[phone]
Numis Securities Nominated Adviser & Joint Broker Simon Willis Richard Thomas Jamie Loughborough	[phone]
Goodbody Stockbrokers Euronext Growth Adviser & Joint Broker Don Harrington Charlotte Craigie Linda Clarke Xiao Wang	[phone]
Powerscourt Public relations Elly Williamson Donjeta Miftari	[phone] / [phone]

 

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