Issue of Equity

RNS Number : 2415B

Tissue Regenix Group PLC

03 April 2017

 

Tissue Regenix Group Plc

Issue of equity and total voting rights

Leeds, 3 April 2017 - Tissue Regenix Group plc (AIM:TRX) ("Tissue Regenix" or "the Company"), the regenerative medical devices company, announces that it has today issued and allotted 1,295,632 ordinary shares of 0.5p each in the Company, following an exercise of options which were granted under the Company's employee share option schemes.

The 1,295,632 new ordinary shares will rank pari passu with the existing ordinary shares and application will be made for these new ordinary shares to be admitted to trading on AIM. It is expected that Admission will occur at 8:00 a.m. on Thursday 6 April 2017.

Total Voting Rights

Following the issue of the 1,295,632 new ordinary shares, the Company will have a total of 761,419,896 ordinary shares of 0.5p each in issue. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For more Information:

Tissue Regenix Group plc Caitlin Pearson                                 Corporate Communications Director	Tel: [phone]
Jefferies International Ltd Simon Hardy / Harry Nicholas	Tel:  [phone]

About Tissue Regenix

Tissue Regenix is a leading medical devices company in the field of regenerative medicine. The company's patented decellularisation ('dCELL®') technology removes DNA and other cellular material from animal and human tissue leaving an acellular tissue scaffold which is not rejected by the patient's body which can then be used to repair diseased or worn out body parts. The potential applications of this process are diverse and address many critical clinical needs such as vascular disease, heart valve replacement and knee repair.

 Tissue Regenix was formed in 2006 when it was spun-out from the University of Leeds. The company commercialises academic research conducted by our partners around the World.

 In November 2012 Tissue Regenix Group plc set up a subsidiary company in the United States - 'Tissue Regenix Wound Care Inc.', as part of its commercialisation strategy for its dCELL® technology platform.

 

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