Further re: Proposed Share Consolidation

Crimson Tide PLC

06 October 2023

 

6 October 2023

Crimson Tide plc

("Crimson Tide" or "the Company")

Further re: Proposed Share Consolidation

Issue of Equity & TVR

Crimson Tide Plc (TIDE), the provider of the mpro5 solution, announces that, further to the Company's announcement on 5 October 2023 regarding the proposed Share Consolidation, application has been made for the admission of 66 new ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM.

As explained in the previous announcement on 5 October 2023, the Ordinary Shares have been issued to ensure the Company's issued share capital is exactly divisible by the proposed consolidation ratio of 100:1.

Admission of the Ordinary Shares is expected to occur at 8:00 a.m. on 11 October 2023 ("Admission").

Total Voting Rights

Following Admission, the Company will have a total of 657,486,300 Ordinary Shares in issue. No Ordinary Shares are held in treasury. The figure of 657,486,300 may be used by the Company's shareholders as the denominator in 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules. 

Enquiries:

Crimson Tide plc [phone]

Barrie Whipp / Jacqueline Daniell

Cavendish Capital Markets Limited (Nominated Adviser and Broker) [phone]

Julian Blunt / Dan Hodkinson, Corporate Finance

Andrew Burdis, Corporate Broking

Alma PR (Financial PR) [phone]

Josh Royston

 

END