Exercise of share options, issue of equity and TVR

RNS Number : 8313X

Warpaint London PLC

06 May 2021

 

6 May 2021

Warpaint London PLC

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

Exercise of share options, issue of equity and TVR

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and   owner of the W7 and Technic brands announces that it has issued 3,230 new ordinary shares of 25 pence each in the Company ("Ordinary Shares") pursuant to an exercise of options over Ordinary Shares.

Total Voting Rights

Application has been made for the 3,230 new Ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 12 May 2021.

The total number of Ordinary Shares in issue following Admission will be 76,752,355 and the Company holds no Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 76,752,355.

The above figure of 76,752,355 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, Warpaint London plc, under the FCA's Disclosure & Transparency Rules.

Enquiries:

Warpaint London	c/o IFC
Sam Bazini - Chief Executive Officer Eoin Macleod - Managing Director Neil Rodol - Chief Financial Officer
N+1 Singer (Nominated Adviser & Joint Broker)	020 7496 3000
Shaun Dobson, Jen Boorer, Alex Bond - Corporate Finance Tom Salvesen - Corporate Broking
Shore Capital (Joint Broker)	020 7408 4090
Patrick Castle, Daniel Bush - Corporate Advisory Fiona Conroy - Corporate Broking
IFC Advisory (Financial PR & IR)	020 3934 6630
Tim Metcalfe Graham Herring Florence Chandler

Warpaint London plc

Warpaint is made up of two divisions.

The largest division sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, this division supplies own brand white label cosmetics produced for several major high street retailers. The Group also sells cosmetics using our other own brand names of Man'stuff, Body Collection, Vintage, Very Vegan, and Chit Chat.

The other division trades in close-out and excess inventory of branded cosmetics and fragrances from around the world.

 

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