Exercise of Warrants

RNS Number : 9542H
Kuala Limited
20 March 2015
 



20 March 2015

Kuala Limited

("Kuala" or the "Company")

 

Exercise of Warrants

 

The Company announces that it has received notice to exercise warrants over 100,000 ordinary shares of 1p each ("Ordinary Shares") at an exercise price of 5 pence per Ordinary Share. Accordingly, the Company will issue, in aggregate, 100,000 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise").

 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 25 March 2015.

 

Following the Warrant Exercise, the Company's issued share capital will consist of 27,445,552 Ordinary Shares with voting rights. There are no Ordinary Shares held in treasury. This number 27,445,552 may be used by shareholders 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 share capital of the Company.

 

 

-ends-

 

For further information please visit www.kualalimited.com or contact:

Kuala Limited

Elysium Fund Management Limited        

 

Tel:   Tel: +44 1481 810 100

RFC Ambrian Limited (Nomad and Joint Broker)

Samantha Harrison

 

Tel:  +44 (0) 20 3440 6800 

Peterhouse Corporate Finance Limited (Joint Broker)

Guy Miller / Lucy Williams

 

Tel:   +44 (0) 20 7469 0930

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSFDFMUFISEED
UK 100

Latest directors dealings