Business
Exercise of Stock Options and Total Voting Rights
Exercise of Stock Options and Total Voting Rights.
About this update from Tekcapital Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement via a Regulatory Information Service (\"RIS\"), this inside information is now considered to be in the public domain.\n \n \n \n \n \n \n \n \n 15th November 2022\n \n \n \n \n \n \n \n \n \n Tekcapital plc\n \n \n \n \n (\"Tekcapital\" or the \"Company\")\n \n \n \n \n Exercise of Stock Options and Total Voting Rights\n \n \n \n \n \n \n \n \n Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF) the UK intellectual property investment group focused on creating valuable products from investing in university technology that can improve people's lives, is pleased to announce that the Company has received notice from Konrad Dabrowski (Non-board CFO) and Max Inglis (General Counsel) to exercise their options to subscribe for 1,100,000 ordinary shares of 0.4 pence each in the Company (\"Ordinary Shares\") at an exercise price of 7.83p per new Ordinary Share. The notice was accepted and having received the appropriate payment the Company has accordingly issued and allotted the 1,100,000 new ordinary shares (the \"Option Shares\").\n \n \n \n \n \n \n \n \n \n \n Executive\n \n \n \n \n \n \n Existing no. of options\n \n \n \n \n \n \n Option Shares Exercised\n \n \n \n \n \n \n Remaining Share Options Held\n \n \n \n \n \n \n \n \n \n \n \n \n \n Shareholding on Admission\n \n \n \n \n \n \n Resultant percentage shareholding\n \n \n \n \n \n \n \n Mr. Max Inglis\n \n \n \n \n 2,000,000\n \n \n \n \n 100,000\n \n \n \n \n 1,900,000\n \n \n \n \n \n \n \n \n \n \n \n 1,625,000\n \n \n \n \n 1.08%\n \n \n \n \n \n \n Mr. Konrad Dabrowski\n \n \n \n \n 3,000,000\n \n \n \n \n 1,000,000\n \n \n \n \n 2,000,000\n \n \n \n \n \n \n \n \n \n \n \n 1,228,000\n \n \n \n \n 0.8%\n \n \n \n \n \n \n \n \n \n Application has been made for the Option Shares to be admitted to trading on the London Stock AIM (the \"Admission\"). It is expected that Admission will become effective on or around 18th November 2022.\n \n \n Following the issue of the Option Shares, which on Admission will rank pari passu with the existing ordinary shares, the total ...