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Draper Esprit PLC (GROW)


Wednesday 16 September, 2020

Draper Esprit PLC

Issue of Equity for Option Exercise

RNS Number : 1827Z
Draper Esprit PLC
16 September 2020


("Draper Esprit" or the "Company")


Issue of Equity for Option Exercise under 2016 Company Share Option Plan


Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that on Monday 14 September 2020 the Company approved the allotment of 25,000 new ordinary shares of 1p each in the Company (the "Ordinary Shares") pursuant to the exercise of share options by an employee under the 2016 Company Share Option Plan.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and Euronext Growth and it is expected that admission will take place on 18 September 2020. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 119,207,959 Ordinary Shares.






Draper Esprit plc

Martin Davis (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Richard Thomas Jamie Loughborough

+44 (0)20 7260 1000

Goodbody Stockbrokers

Euronext Growth Adviser & Joint Broker

Don Harrington Charlotte Craigie Dearbhla Gallagher

+44 (0) 20 3841 6202

Powerscourt Public relations

Elly Williamson

+44 (0)20 7250 1446


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