Application for Admission of Shares and TVR
12 February 2025
Warpaint London PLC
("Warpaint", the "Company" or the "Group")
Application for Admission of Shares and
Total Voting Rights
Warpaint notes the announcement earlier today by Brand Architekts Group plc ("BAR") in relation to its Acquisition by the Company which confirmed, amongst other things, that Eligible Brand Architekts Shareholders had elected to receive, in aggregate, 103,422 new Warpaint ordinary shares of 25 pence each ("Ordinary Shares") in the Company under the Alternative Share Offer (the "New Ordinary Shares").
The Company confirms that it has made an application to the London Stock Exchange for the 103,422 New Ordinary Shares to be admitted to trading on AIM ("Admission").
Admission is expected to take place, and dealings in the New Ordinary Shares are expected to commence, at 8.00 a.m. on 13 February 2025. The New Ordinary Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.
A scheme document in relation to the Acquisition was published by BAR on 19 December 2024 (the "Scheme Document"). Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Scheme Document.
Total Voting Rights
Following Admission, the total issued capital of the Company will consist of 80,787,321 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury.
Therefore, the total number of voting rights in the Company following Admission will be 80,787,321 and this figure may be used by shareholders in the Company 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 under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
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Warpaint London Sam Bazini - Chief Executive Officer Eoin Macleod - Managing Director Neil Rodol - Chief Financial Officer
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c/o IFC
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Shore Capital (Nominated Adviser & Broker) Patrick Castle, Daniel Bush - Corporate Advisory Fiona Conroy - Corporate Broking
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020 7408 4090 |
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IFC Advisory (Financial PR & IR) Tim Metcalfe, Graham Herring, Florence Chandler |
020 3934 6630
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Fladgate LLP is acting as legal adviser to Warpaint in relation to the Acquisition.
Warpaint London plc
Warpaint sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to major retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, Warpaint supplies cosmetics under its other brand names of Man'stuff, Body Collection and Chit Chat, each targeting a different demographic.
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