Business
Final Conversion Notice & Total Voting Rights
Final Conversion Notice & Total Voting Rights.
About this update from Oracle Power Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0160P\n Oracle Power PLC\n 14 October 2021\n \n \n \n 14 October 2021\n \n Oracle Power PLC\n (\"Oracle\" or the \"Company\")\n \n \n \n Final \n \n \n Conversion Notice\n \n \n & \n \n \n Total \n \n \n V\n \n \n oting \n \n \n R\n \n \n ights\n \n \n \n \n \n \n \n \n \n Oracle Power PLC (AIM:ORCP), the international natural resources project developer, announces that it has received a conversion notice from the Investors in respect of the final £200,000 of the £1.5 million Share Subscription announced on 9 July 2020 (the \"Share Subscription Agreement\"). \n \n \n \n \n \n Following this conversion notice, the Share Subscription Agreement has been settled in full.\n \n \n \n \n \n Accordingly, pursuant to the conversion, the Company will issue, in aggregate, 69,185,000 new ordinary shares of 0.1p each in the capital of the Company (\"Ordinary Shares\") to the Investors (the \"Investor Shares\"), split equally between them.\n \n \n \n \n \n The Investor Shares will rank pari passu in all respects with the existing Ordinary Shares. Application will be made to the London Stock Exchange plc for the admission of the Investor Shares to trading on AIM (\"Admission\"). It is anticipated that Admission will occur at 8.00 a.m. on AIM on or around 19 October 2021. \n \n \n \n \n \n Total Voting Rights\n \n \n \n \n \n Following Admission, the Company's issued share capital will comprise 2,397,325,712 Ordinary Shares. As the Company does not hold any shares in treasury, this figure of 2,397,325,712 Ordinary Shares may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \n \n \n \n \n Unless defined herein, or the context requires otherwise, capitalised terms used in this announcement carry the same meaning as those ascribed to them in the Company's announcement of 9 July 2020.\n \n \n *ENDS*\n \n \n For further information on Oracle Power P\n LC\n , visit the Company'\n s website \n \n http://www.oraclepower.co.uk\n \n or contact:\n \n \n \n \n Oracle Power PLC\n \n Naheed Memon - CE...