Exercise of Warrants

Summary by AI BETAClose X

Defence Holdings PLC announced the exercise of warrants for 69,800,000 ordinary shares, each with a value of £0.001. Consequently, the company will issue 69,800,000 new ordinary shares to warrant holders, with 59,800,000 shares going to a single holder who has sold them to prevent a large block of stock impacting the market. Application has been made for these new shares to be admitted to trading on the London Stock Exchange Main Market, with dealings expected to begin around October 6, 2025. Following admission, the company's total issued and voting share capital will be 2,078,666,131 ordinary shares.

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