Tintra PLC Issue of Ordinary Shares Under Funding Round (9724I)
21 April 2022 - 7:15PM
UK Regulatory
TIDMTNT
RNS Number : 9724I
Tintra PLC
21 April 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
21 April 2022
TINTRA PLC
("Tintra", the "Group" or the "Company")
Issue of Ordinary Shares Under Funding Round
Further to the announcement of 21 March 2022, the Board is
please to confirm that the US$2,000,000 in settlement of the two
subscriptions each of US$1,000,000 for 148,511 new ordinary shares
of 1 pence each in the capital of the Company ("Ordinary Shares"),
priced at 504 pence per Ordinary Share, at an exchange rate of
GBP1.00:$1.336, has been received (the "Subscriptions"). An
application for the 297,022 new Ordinary Shares issued under the
Subscriptions to be admitted to trading on AIM ("Admission") will
be made shortly, with Admission expected to become effective on or
around 27 April 2022. 594,044 Warrants, on the terms set out in the
announcement of 21 March 2022, will also be issued under the
Subscriptions.
Total Voting Rights
On Admission, the Company will have 14,848,669 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 14,848,669 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
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END
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