Issue of Equity

RNS Number : 1725E
Dukemount Capital PLC
26 October 2022
 

Dukemount Capital Plc

("Dukemount" or the "Company") Correction

On 20th October the Company announced that  Dukemount Capital Plc,  had  issued 128,132,190  ordinary  shares  following notice received  to convert a portion of the outstanding amount on the funding agreement dated 14 September 2021 (as amended on 10 October 2022 by a deed of variation) (the "Funding Agreement").

 

Application was  m ade to the FinancialConductAuthority("FCA")foradmissionof the NewShares to the standardlistingsegmentof the OfficialListand to the LondonStockExchange(the"LSE") for admissiontotradingofthe New SharesontheLSE'sMainMarket for listedsecurities(together"Admission") with an expected Admissiononoraround 25 October 2022.

 

However, following further discussions with its advisers, and a clarification of the current Prospectus Rules, the application to admit the shares has been withdrawn. The shares could not be issued and admitted in full without a Prospectus.

 

Total Voting Rights

The Companydoes not holdanyOrdinaryShares in treasury.Therefore  the total numberofvotingrightsinDukemount Capital plc remains as 588,110,974.This figure may be used by shareholders as thedenominatorfor the calculations by which they willdetermine if they are required to notifytheir interest in,or a change in their interestin, the Company undertheFCA's DisclosureGuidance and TransparencyRules.

 

The informationcommunicated in thisannouncementcontains inside informationfor the purposesofArticle 7 of the MarketAbuseRegulation(EU)No.596/2014 (as in force in the UnitedKingdompursuant to the EuropeanUnion(Withdrawal) Act 2018).

 

For furtherinformation,pleasevisit www.dukemountcapitalplc.com or contact:

 

 

Dukemount Capital Plc


Geoffrey Dart / Paul Gazzard

Media Enquries

 

Miriad Media, Zak Mir

Tel: +44 (0)7867 527 659

 

 

 

 

 

 

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