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Draper Esprit PLC (GROW)

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Friday 13 December, 2019

Draper Esprit PLC

Issue of Equity for Option Exercise

RNS Number : 8831W
Draper Esprit PLC
13 December 2019


("Draper Esprit" or the "Company")


Issue of Equity for Option Exercise under 2016 Company Share Option Plan


Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that on 13 December 2019 the Company allotted 159,293 new ordinary shares of 1p each in the Company (the "Ordinary Shares") pursuant to the exercise of share options by an employee and the Draper Venture Network under the 2016 Share Option Plan (CSOP) .

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and Euronext Growth and it is expected that admission will take place on 19 December 2019. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 118,084,763 ordinary shares.



Draper Esprit plc

Martin Davis (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Richard Thomas

Jamie Loughborough

+44 (0)20 7260 1000

Goodbody Stockbrokers

Euronext Growth Adviser & Joint Broker

Don Harrington

Charlotte Craigie

Dearbhla Gallagher

+44 (0) 20 3841 6202


Public relations

James White

Elly Williamson

Jessica Hodgson



+44 (0)20 7250 1446



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