Business
Exercise of warrants
Exercise of warrants.
About this update from Forgent Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5159K\n EQTEC PLC\n 05 January 2021\n \n \n \n \n 5 January 2021\n \n \n \n \n \n EQTEC plc\n \n \n (\"EQTEC\", the \"Company\" or the \"Group\")\n \n \n \n \n \n Exercise of warrants\n \n \n Total Voting Rights\n \n \n \n \n \n EQTEC plc (AIM: EQT), a world leading gasification technology solutions company for sustainable waste-to-energy projects, announces the exercise of certain warrants to subscribe for new ordinary shares in the Company (\"New Ordinary Shares\").\n \n \n \n \n \n Exercise of warrants\n \n \n \n \n \n Warrants over 12,000,000 New Ordinary Shares at a price of 0.25 pence per share and warrants over 30,773,543 New Ordinary Shares at a price of 0.33 pence per share have been exercised. The aggregate gross proceeds of these exercises receivable by the Company amount to £131,553.\n \n \n \n \n \n Admission and Total Voting Rights\n \n \n \n \n \n The Company will make an application to the London Stock Exchange plc for the 42,773,543 New Ordinary Shares, to be issued and allotted as a result of the warrant exercises set out above, to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will become effective and dealings will commence on or around 8 January 2021. The 42,773,543 New Ordinary Shares will rank pari passu with the existing Ordinary Shares.\n \n \n \n \n \n Following Admission, there will be 7,027,485,849 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.\n \n \n \n \n \n This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.\n \n \n \n \n \n ENQUIRIES\n \n \n \n \n \n EQTEC plc\n \n \n \n \n +353 21 2409 056\n \n \n \n \n \n \n David Palumbo / Gerry Madden \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Strand Hanson - Nomad & Financial Adviser\n \n \n \n \n +44 20 7409 3494\n \n \n \n \n \n \n James Harris / James Dance / Jack Botros\n \n \n \n \n \n \n \n \n \n \n...