Issue of Shares

RNS Number : 1901E

Tekcapital plc

06 February 2015

 

6 February 2015 

Tekcapital Plc

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

Issue of Shares to the University of Arkansas for technology acquisition

Further to its technology acquisition announcement on 27 January 2015, Tekcapital plc has applied for 65,732 ordinary shares in the company to be issued as consideration for the acquisition of an exclusive licence for a new, patent pending coating for baked products that imparts the attributes of fried foods from the University of Arkansas ("Consideration Shares"), to be admitted to trading on AIM with effect from 10 February 2015.

Following admission of the Consideration Shares, Tekcapital's total issued and voting share capital will comprise of 23,449,479 ordinary shares. This 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, securities of the Company.

For further information please contact:

Tekcapital Plc	[phone] Ext 305
Clifford M. Gross	[e-mail]
Northland Capital Partners Limited (NOMAD & Broker)	[phone]
William Vandyk (Corporate Finance)	[e-mail]
John Howes / Alice Lane (Corporate Broking)
Optiva Securities Limited (Co-Broker)	[phone]
Jeremy King / Vishal Balasingham	[e-mail]
FTI Consulting, LLP	[phone]
Chris Lane / Emma Appleton / Roger Newby	[e-mail]

Tekcapital plc - The World's Largest University Network for Open Innovation

Tekcapital helps clients profit from new, university-developed intellectual properties. With our proprietary discovery search engine, linked to 3,700+ universities in 160 countries, coupled with expert scientific review, we provide a turn-key service to make it easy for clients to find and acquire the IP they need to create a competitive advantage. Tekcapital plc is listed on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in Oxford, in the UK. For more information, please visit www.tekcapital.com

 

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