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Draper Esprit PLC (GROW)

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Wednesday 26 August, 2020

Draper Esprit PLC

Issue of Equity for Option Exercise

RNS Number : 1432X
Draper Esprit PLC
26 August 2020
 

DRAPER ESPRIT PLC

("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 24 August 2020, it approved the allotment of 234,835 new ordinary shares of 1p each in the Company (the "Ordinary Shares") pursuant to the exercise of share options by an employee under the 2016 Company 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 1 September 2020. 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 119,182,959 Ordinary Shares.

 

  Enquiries

Draper Esprit plc

Martin Davis (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

 

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Simon Willis

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

Powerscourt

Public relations

Elly Williamson

 

+44 (0) 7970 246 725

 

 

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