Business
Block admission application
Block admission application.
About this update from Gfinity Plc
[{"type":"text","content":"\n \n \n RNS Number : 9993N\n Gfinity PLC\n 27 May 2020\n \n \n \n \n 27 May 2020\n \n \n \n \n \n \n \n \n Gfinity plc\n \n \n (\"Gfinity\" or the \"Company\")\n \n \n \n \n \n Block admission application \n \n \n \n \n \n Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, \n announces that an application has been made to the London Stock Exchange for a block admission to trading on AIM of 143,842,750 new ordinary shares of 0.1 pence each in the Company (\"New Ordinary Shares\") (the \"Block Admission\"). The Block Admission is being made for the issue and allotment of any New Ordinary Shares arising from:\n \n \n · \n the exercise of warrants issued pursuant to the placing announced on 2 April 2020; and \n \n \n · \n the exercise of options pursuant to the employee share option scheme.\n \n \n \n \n \n Upon issue, the New Ordinary Shares will be issued credited as fully paid and rank pari passu in all respects with the existing ordinary shares of the Company. In accordance with rule 29 of the AIM Rules for Companies, the number of New Ordinary Shares issued and allotted under the Block Admission arrangement will be announced every six months.\n \n \n It is expected that the Block Admission will become effective on or around 29 May 2020. \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n \n \n \n \n \n www.gfinityplc.com\n \n \n \n \n \n \n \n John Clarke, Chief Executive Officer\n \n \n \n \n Via Teneo\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Gfinity investor relations\n \n \n \n \n \n [email protected]\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 Allenby Capital Limited - \n \n AIM Nominated Adviser and Broker\n \n \n \n \n Tel: +44 (0) 20 3328 5656\n \n \n \n \n \n \n Jeremy Porter / Nicholas Chambers\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 \n Teneo - \n \n Media\n \n \n \n \n Tel: +44 7464 982 426\n \n \n \n \n \n \n Camilla Cunningham\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n About Gfinity \n \n \n Gfinity (AIM: GFIN) is a world leading esports business. Created by gamers for the world's 2.2 billion gamers, Gfinity has a unique understanding of this fast-growing global community. It uses this expertise both to provide ad...