Business
Closure of Broker Option & TVR
Closure of Broker Option & TVR.
About this update from Agronomics Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 8300E\n Agronomics Limited\n 10 November 2020\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) (\"MAR\"). \n \n \n 10 November 2020\n \n \n Agronomics Limited\n \n \n (\"Agronomics\" or the \"Company\")\n \n \n Closure of Broker Option\n \n \n Total Voting Rights\n \n \n Agronomics Limited (AIM:ANIC), a leading listed investor in cellular agriculture with a focus on cultivated meat and alternative proteins, is pleased to announce that, further to its announcement of 26 October 2020, the Broker Option \n a facility to allow existing shareholders to participate in the Fundraise on the same terms to the Placing, closed at 12 noon GMT yesterday, 9 November 2020. \n \n \n \n The Broker Option has raised £64,148.82, before expenses, through the issue of 1,069,147 Ordinary Shares of \n £0.000001 each (the \"\n Broker Shares\") at a price of 6 pence per share, conditional on Admission, bringing the total amount raised under the Fundraise to £10.06millon, before expenses.\n \n \n Further details of the Placing, the Broker Option and Admission are given in the Fundraise Announcement and capitalised terms in this announcement have the same meaning as in that Fundraise Announcement unless specified herein.\n \n \n Application for Admission and Total Voting Rights\n \n \n Application will be made to the London Stock Exchange for the \n 1,069,147 Broker Shares to be admitted to trading on AIM (\"Admission\"). Admission is expected to become effective and trading will commence at 8.00 a.m. on or around 13 November 2020. Following Admission, the Broker Shares will rank pari passu with the existing Ordinary Shares.\n \n \n Following Admission, the Company's issued share capital will comprise 499,352,475 Ordinary Shares of £0.000001 each. The Company does not hold any shares in treasury. This figure may, following Admission, be used by shareholders as ...