Information  X 
Enter a valid email address

Dukemount Capital (DKE)

  Print   

Wednesday 10 March, 2021

Dukemount Capital

Exercise of Warrants

RNS Number : 8370R
Dukemount Capital PLC
10 March 2021
 

Dukemount Capital PLC

10 March 2021

 

Dukemount Capital Plc

("Dukemount" or "the Company")

 

Exercise of Warrants - Issue of Equity

 

Dukemount Capital plc ("Dukemount"), the property management and long dated income provider, announces that it has received notice from Geoffrey Dart, Chairman of Dukemount, to exercise 27,000,000 warrants at a price of 0.5p per share (the "New Shares") and thereby providing the Company with gross proceeds of £135,000. Mr Dart has placed all the New Shares with investors introduced by the Company's Broker, Peterhouse Capital.

 

When issued, the New Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the New Shares.

 

Application will be made to the Financial Conduct Authority ("FCA") for admission of the Placing Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the New Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at 8.00 a.m. on or around 12 March 2021 and that dealings in the New Shares on the LSE's main market for listed securities will commence at the same time.

 

Total Voting Rights

The Company does not hold any Ordinary Shares in treasury. Therefore, following Admission, the total number of voting rights in Dukemount Capital plc is 481,283,666. This figure 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 in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

 

Market Abuse Regulation (MAR) disclosure 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Geoffrey Dart

2. 

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Dukemount PLC

b)

LEI

213800IVPZ932NP24O44

4. 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

 

Ordinary shares of 0.1p

Identification code

GB00B6WZDF03

 

b)

Nature of the transaction

Exercise of warrants

c)

Price(s) and volume(s)

Exercise of warrants

 

Price(s)

Volume(s)

0.5p

27,000,000

d)

Aggregated information:

·Aggregated volume

·Price

n/a

e)

Date of the transaction

8 March 2021

f)

Place of the transaction

London Stock Exchange

 

 

 

 

For further information, please visit www.dukemountcapitalplc.com or contact:

 

Dukemount Capital Plc

Via St Swithins PR

Geoffrey Dart

 

 

 

St Swithins PR (Media and Investor Enquiries)

Tel: +44 (0) 1732 521132

Gary Middleton

[email protected]

 

 

 

 

Peterhouse Capital  Limited

Tel: +44 (0) 207 469 0930

Lucy Williams/Duncan Vasey

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEGPUMUWUPGGCU

a d v e r t i s e m e n t