Conversion of Securities

RNS Number : 6261I

Tintra PLC

13 August 2021

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

13 August   2021

TINTRA PLC

  ("TNT", the "Group" or the "Company")

Conversion of Loan Stock

Conversion of Loan Stock

The Board of Directors of the Company (the "Board") is pleased to announce that following discussion with loan stock holders, it has received conversion notices in relation to all the £415,000 of convertible loan stock, the issue of which was announced on 30 June 2020 (the "Announcement").  As a result, the Company will today issue 4,150,000 ordinary shares of 1 pence each ("Ordinary Shares") at the conversion price of 10 pence per Ordinary Share (the "Conversion Shares"). 

An application will be made to admit to trading on AIM the Conversion Shares on or around 20 August 2021 ("Admission"). 

Total Voting Rights

On Admission, the Company will have 10,152,136 Ordinary Shares in issue, each with one voting right.  There are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares and voting rights will be 10,152,136 and this figure may be used by shareholders from Admission 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 FCA's Disclosure Guidance and Transparency Rules.

For further information, contact:

Tintra PLC Richard Shearer, CEO Website www.sjhplc.com	020 3655 5000
Allenby Capital Limited (Nomad, Financial Adviser & Broker) John Depasquale / Nick Harriss / Vivek Bhardwaj	020 3328 5656

Details of the person discharging managerial responsibilities / person closely associated
Name	Daniel Pym
Reason for the notification
Position/status	PDMR (Finance Director)
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tintra plc
LEI	213800YKVH5ISMCNWJ42
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p GB00BHXM9D70
Nature of the transaction	Conversion of convertible loan stock, convertible into Tintra Ordinary Shares of 1p at a conversion price of 10p per share
Price(s) and volume(s)	Price(s) Volume(s) 10p 210,959
Aggregated information - Aggregated volume - Price	n/a (single transaction)
Date of the transaction	13 August 2021
Place of the transaction	N/A

Details of the person discharging managerial responsibilities / person closely associated
Name	Roger Matthews
Reason for the notification
Position/status	PDMR (Non-Executive Chairman)
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tintra plc
LEI	213800YKVH5ISMCNWJ42
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p GB00BHXM9D70
Nature of the transaction	Conversion of convertible loan stock, convertible into Tintra Ordinary Shares of 1p at a conversion price of 10p per share
Price(s) and volume(s)	Price(s) Volume(s) 10p 52,740
Aggregated information - Aggregated volume - Price	n/a (single transaction)
Date of the transaction	13 August 2021
Place of the transaction	N/A

Details of the person discharging managerial responsibilities / person closely associated
Name	Arno Rudolf
Reason for the notification
Position/status	PDMR (Non-Executive Director)
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tintra plc
LEI	213800YKVH5ISMCNWJ42
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p GB00BHXM9D70
Nature of the transaction	Conversion of convertible loan stock, convertible into Tintra Ordinary Shares of 1p at a conversion price of 10p per share
Price(s) and volume(s)	Price(s) Volume(s) 10p 52,740
Aggregated information - Aggregated volume - Price	n/a (single transaction)
Date of the transaction	13 August 2021
Place of the transaction	N/A

 

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