4 May 2023
Tintra plc
("Tintra", the "Group" or the "Company")
Conversion of Loan Stock and Total Voting Rights
The board of directors (the "Board") of Tintra, the rapidly innovating Deep Tech & Banking business, announces that it has received a conversion notice from Indomanage Ltd (formerly Tintra Acquisitions Limited) in relation to £25,000 of convertible loan stock and associated accrued interest of £1,469, the issue of which was announced on 8 November 2022 (the "Announcement") and most recently on 21 December 2022 by the Company.
As a result, the Company will issue 264,690 ordinary shares of 1 pence each ("Ordinary Shares") at the conversion price of 10 pence per Ordinary Share (the "Conversion Shares"). Following this, Indomanage Ltd will no longer hold any convertible loan stock.
An application will be made to admit to trading on AIM the Conversion Shares on or around 9 May 2023 ("Admission").
Total Voting Rights
On Admission, the Company will have 16,402,953 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 16,402,953 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 (Communications Head) Hannah Haffield h.haffield@tintra.com Website www.tintra.com |
020 3795 0421 |
Allenby Capital Limited (Nomad, Financial Adviser & Broker) John Depasquale / Nick Harriss / Vivek Bhardwaj |
020 3328 5656 |