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Draper Esprit PLC (GROW)


Friday 02 October, 2020

Draper Esprit PLC

Posting of Circular

RNS Number : 9850A
Draper Esprit PLC
02 October 2020

Draper Esprit plc

("Draper Esprit" or the "Company")


Further to the announcement this morning regarding the placing of 19,819,820 new Ordinary Shares at a placing price of 555 pence per share ("the Placing Shares"), the Company confirms that the Circular is being posted to shareholders today and will shortly be available on the Company's website at .

The allotment of the Placing Shares is conditional, inter alia, upon the Company obtaining approval of the Shareholders at a general meeting of the Company to be convened for 10.00 a.m. on 20 October 2020 to grant the Directors the authority to allot the Placing Shares and to disapply statutory pre-emption rights which would otherwise apply to such allotment.

Defined terms used in this announcement have the same meaning as those within the Company's announcement on 1 October 2020.



Draper Esprit plc

Martin Davis (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser, Joint Global Co-ordinator,

Joint Bookrunner, Joint Corporate Broker

Richard Thomas

Jamie Loughborough

Simon Willis

+44 (0)20 7260 1000

Goodbody Stockbrokers UC

Euronext Growth Advisor, Joint Global Co-ordinator

Joint Bookrunner, Joint Corporate Broker

Don Harrington

Charlotte Craigie

Dearbhla Gallagher

+44 (0)20 3841 6202


Joint Bookrunner

Ben Wright

Mark Whitmore

Arnav Kapoor

+44 (0)20 3207 7800


Powerscourt (PR)

Elly Williamson

Eavan Gannon


+44 (0)7970 246 725

+353 (0)87 236 5973


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