Issue of Equity

RNS Number : 5514D

Dukemount Capital PLC

20 October 2022

 

Dukemount Capital Plc ("Dukemount" or the "Company") Issue of Equity

Further to its announcement of 10 October 2022 regarding further funding and funding restructuring, Dukemount Capital Plc,  has  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").

When issued, the New Shares will be credited as fullypaidandwillrankparipassu in allrespects with theexistingordinarysharesinthesharecapitaloftheCompany,including the right to receive all dividends and otherdistributionsdeclared,madeorpaidonor in respectofsuchsharesafterthe date ofissueof the New Shares.

Application will be 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"). It is expected that Admission will takeplace at 8 a.m. onoraround 25 October 2022andthatdealings in the New SharesontheLSE'smainmarketforlistedsecuritieswill commence at the same time.

Total Voting Rights

The Companydoes not holdanyOrdinaryShares in treasury.Therefore,followingAdmission, the total numberofvotingrightsinDukemount Capital plc

is 716,243,164. 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

Disclosure Guidance 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: [phone]

 

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