Issue of warrants

RNS Number : 0263X

On-Line PLC

20 November 2017

 

 For immediate release

20 November 2017

ON-LINE PLC

("On-line" or the "Company")

Issue of warrants

The Board of On-line PLC (AIM: ONL) reports that it has today issued new warrants to third party consultants to subscribe in aggregate for 226,000 new ordinary shares (representing 2.9 per cent. of the current issued share capital) at an exercise price of 40 pence per new ordinary share. 76,500 can be exercised in quarterly parts of 19,125 on 15th February 2018, 15^th June 2018, 15^th October 2019 and 15^th February 2019 and the balance of 150,000 warrants can be exercised at any time after the 31^st of May 2018 but before 1 September 2022.

A copy of this announcement can be found at:  www.on-line.co.uk

For further information please contact: ON-LINE PLC Clem Chambers, Director   [e-mail]
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com
Roland Cornish Michael Cornish	[phone]

ENDS

 

END

 

 

MSCPGGAGGUPMGMU