4th December 2024
Tekcapital
Plc
("Tekcapital", the "Company"
or the "Group")
Issue of Shares to
Advisers
Tekcapital Plc (AIM: TEK) the UK intellectual
property investment group focused on creating valuable products
that can improve people's lives announces that it has issued
252,632 new ordinary shares of 0.4 pence each in the Company in
("Ordinary Shares") at the closing mid-market price on 3 December
2024 of 9.5 pence to an adviser in lieu of payment for consulting
services.
Admission and Total
Voting Rights
Application will be made for the Ordinary Shares to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on or around 10 December 2024.
Following the issue of the 252,632 Ordinary Shares,
the total number of Ordinary Shares in issue with voting rights in
the Company will be 211,774,128. There are no shares held in
treasury.
The above figure of 211,774,128 Ordinary Shares may
therefore be used by shareholders as the denominator for the
calculation by which they may determine if they are required to
notify their interest in, or change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com.
LEI: 213800GOJTOV19FIFZ85
For
further information, please contact:
|
Tekcapital Plc
|
|
Via
Flagstaff
|
|
Clifford M. Gross,
Ph.D.
|
|
|
|
|
|
|
|
SP
Angel Corporate Finance LLP
(Nominated Adviser and Broker)
|
|
+44
(0) 20 3470 0470
|
|
Richard Morrison/Charlie Bouverat
(Corporate Finance)/Abigail Wayne / Rob Rees (Corporate
Broking)
|
|
|
|
Flagstaff Strategic and Investor
Communications
|
|
+44
(0) 20 7129 1474
|
|
Tim Thompson/Andrea Seymour/Fergus
Mellon
|
|
|
Forward-Looking
Statements
This press release contains certain forward-looking
statements, including those relating to the anticipated
introduction of new products and features, and timing of
improvements and enhancements to our current products.
Forward-looking statements are based on the Company's current
expectations and assumptions. The Private Securities Litigation
Reform Act of 1995 provides a safe-harbor for forward-looking
statements. These statements may be identified by the use of
forward-looking expressions, including, but not limited to,
"anticipate," "believe," "continue," "estimate," "expect,"
"future," "intend," "may," "outlook," "plan," "potential,"
"predict," "project," "should," "will," "would" and similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters, but the absence of
these words does not mean that a statement is not forward-looking.
These forward-looking statements include, but are not limited to,
statements regarding the expected launch date for the new smart
safety eyewear connection. The Company undertakes no obligation to
publicly update any forward-looking statement, whether as a result
of new information, future events or otherwise. Important factors
that could cause actual results to differ materially from those in
the forward-looking statements are set forth in the Company's
filings with the Securities and Exchange Commission, including its
annual report on Form 10-K under the caption "Risk Factors."