Exercise of Warrants

Summary by AI BETAClose X

Reveille received notice for the exercise of 2,599,516 warrants at an exercise price of 10p each, raising gross proceeds of £259,951.60; Admission of the Warrant Shares is expected on or around 10 November 2026. On Admission the Company's issued ordinary share capital will comprise 81,799,516 Ordinary Shares and the total number of Ordinary Shares and voting rights will be 82,799,516, with no treasury shares. From Admission, Mr Kevin Down will hold 2,500,000 Ordinary Shares, equivalent to 3.02% of issued shares. The transaction modestly increases cash by £259,951.60 and dilutes existing holders by 2,599,516 shares.

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