Exercise of Warrants

RNS Number : 2122T

OptiBiotix Health PLC

01 October 2014

 



OptiBiotix Health plc

("OptiBiotix" or the "Company")

Exercise of Warrants

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol and diabetes, has carried out the following transactions.

The Company has issued and allotted 270,850 ordinary shares of 2 pence each exercised at a price of 8 pence per share in the capital of the Company following the exercise of warrants held by a former employee of the Company.

The Company has made application for the 270,850 new ordinary shares of 2 pence each to be admitted to trading on AIM.  Admission is expected to occur on 7 October 2014.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice consists of 72,025,384 ordinary shares of 2 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.

OptiBiotix Health plc	www.optibiotix.com
Stephen O'Hara, Chief Executive Officer	Contact via Walbrook below
Cairn Financial Advisers LLP	Tel: [phone]
Liam Murray / Avi Robinson
Peterhouse Corporate Finance Ltd	Tel: [phone]
Lucy Williams / Duncan Vasey
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Mike Wort	Mob: [phone]
Anna Dunphy	Mob: [phone]

About OptiBiotix - www.optibiotix.com 

OptiBiotix was formed in March 2012 to develop compounds which modify the human microbiome - the collective genome of the microbes in the body - to prevent and manage human disease. 

The aim of OptiBiotix is to discover and develop microbial strains, compounds and formulations, which modulate the human microbiome and can be used as food ingredients and supplements or active compounds for the prevention and management of human metabolic diseases, examples of which include obesity, cholesterol and lipid distribution and diabetes. 

OptiBiotix has established a pipeline of microbiome modulators that can impact on lipid and cholesterol management, energy harvest and appetite suppression. The development pipeline is fuelled by its proprietary OptiScreen® and OptiBiotic® platform technologies designed to identify metabolic pathways and compounds that impact on human physiology and bring potential health benefits. These platforms are applicable across a wider range of other human diseases.

 

END

 

 

IOEGMMGGKMNGDZM