Business
Issue of Warrants
Issue of Warrants.
About this update from Seed Capital Solutions Plc
[{"type":"text","content":"\n\n24 March 2025\nSEED CAPITAL SOLUTIONS PLC\n(the \"Company\")\n \nISSUE OF WARRANTS\n \nSeed Capital Solutions plc (LON: SCSP) announces that the Company has issued a total of 17,000,000 warrants (\"New Warrants\") over ordinary shares of 0.25 pence each (\"Ordinary Shares\") to the Company's Directors and Company Secretary, as detailed below.\n \n \n\n\n\n\nName\n\n\nRole\n\n\nNumber of warrants held prior to the issue of the New Warrants\n\n\nNumber of New Warrants granted\n\n\nTotal warrants held following issue of New Warrants\n\n\n\n\nJohn Zorbas\n\n\nChief Executive Officer\n\n\n-\n\n\n8,000,000\n\n\n8,000,000\n\n\n\n\nDamion Greef\n\n\nNon-Executive Chairman\n\n\n1,333,333\n\n\n4,000,000\n\n\n5,333,333\n\n\n\n\nSegar Karupiah\n\n\nChief Financial Officer\n\n\n-\n\n\n2,000,000\n\n\n2,000,000\n\n\n\n\nAvi Robinson\n\n\nNon-Executive Director\n\n\n-\n\n\n2,000,000\n\n\n2,000,000\n\n\n\n\nMike Hirschfield\n\n\nCompany Secretary\n\n\n1,333,333\n\n\n1,000,000\n\n\n2,333,333\n\n\n\n\n \nThe New Warrants have an exercise price of 1 penny each, representing a 33.3% premium over the closing mid-market price of Ordinary Shares on 21 March 2025, the business day prior to the issue of the New Warrants.\n \nThe New Warrants have been issued under the Company's existing warrant scheme and are exercisable at any time until 23 March 2030.\n \nFollowing the issue of the New Warrants, the Company has a total of 25,313,532 warrants in issue.\n \n \n- ENDS -\n \nThis announcement contains inside information for the purposes of article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) (\"UK MAR\"). \n \n \nFOR FURTHER INFORMATION, PLEASE CONTACT:\n \n\n\n\n\nSeed Capital Solutions plc\n\n\n\n\n\nTel: +44 (0) 7976 431608\n\n\n\n\n\n\n\nDamion Greef, Chairman\n \nBrand Communications\n\n\n\n\n\n \n \nTel: +44 (0) 7976 431608\n\n\n\n\n\n\n\nPublic & Investor Relations \n\n\n\n\n\n\n\n\n\n\n\n\n\nAlan Green\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n &n...