18 July 2024
Voyager Life
plc
("Voyager" or the "Company")
Result of
GM
Director / PDMR
Shareholding
Issue of
Equity
Warrants
Voyager is pleased to announce
that at the General Meeting held earlier
today, all resolutions were duly passed.
Issue of Equity
Following shareholder approval at
the General Meeting the Company has issued 22,239,150 new ordinary
shares (being the Second Tranche Shares). The Company has also
issued 14,407,803 Investor Warrants and 900,000 Broker Warrants, in
aggregate 15,307,803 Warrants have been issued in connection with
the Fundraise.
Director Participation & Director / PDMR
Shareholding
As part of the Fundraise, Eric
Boyle, Non-Executive Chairman, and Fetlar
Capital Limited (a company controlled by Nick Tulloch, Chief
Executive Officer and his spouse) have subscribed, in aggregate,
for £50,000 of Fundraise Shares ("Director Participation") as set
out in the table below.
|
Director
|
Amount subscribed for in the
Fundraise
|
Number of Fundraise
Shares
|
Number of Investor
Warrants
|
Resultant shareholding
following Second Admission
|
|
Nick Tulloch
|
£25,000*
|
833,333
|
416,666
|
2,988,442
|
|
Eric Boyle
|
£25,000
|
833,333
|
416,666
|
2,587,474
|
*Participation made through Fetlar Capital Limited (a company
controlled by Nick Tulloch, Chief Executive Officer and his
spouse)
Related Party Transaction
The Director Participation (the
"Transaction") is a related party transaction for the purposes of
Rule 4.6 of the AQSE Growth Market Access Rulebook. Jill Overland,
the director of Voyager independent of the Transaction confirms
that, having exercised reasonable care, skill and diligence, the
Transaction is fair and reasonable insofar as the shareholders of
Voyager are concerned.
Admission
Application has been made for the
Second Tranche Shares to be admitted to trading on the Aquis Stock
Exchange AQSE Growth Market. Second Admission is expected to occur
at 8:00 am on or around 19 July 2024.
Total voting rights
Following Second Admission, the
Company's enlarged share capital will comprise 43,218,494 ordinary
shares of 1 pence each. Therefore, the total number of voting
rights in the Company will be 43,218,494. This figure may be used
by shareholders as the denominator for calculations by which they
will determine if they are required to notify their interest in the
Company, or a change to their interest in the Company, under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
Unless otherwise defined, all
capitalised terms used but not defined in this announcement shall
have the meaning given to them in the circular published by the
Company on 1 July 2024.
This announcement contains inside
information for the purposes of the UK Market Abuse Regulation and
the Directors of the Company are responsible for the release of
this announcement.
ENDS
Enquiries:
|
Voyager Life plc
Nick Tulloch, CEO
|
Tel: +44 (0) 1738 317 693
http://voyagerlife.uk
nick@voyagerlife.uk
|
|
Cairn Financial Advisers LLP (AQSE Corporate
Adviser)
Ludovico Lazzaretti/Liam
Murray
|
Tel: +44 (0) 20 7213 0880
|
|
SI
Capital Limited (Broker)
Nick Emerson/Nick Briers
|
Tel: +44 (0) 1483 413500
|
|
Stanford Capital Partners LLP (Broker)
Patrick Claridge/Bob Pountney
|
Tel: +44 (0) 203 3650 3650/51
|
|
Brand Communications (Public & Investor
Relations)
Alan Green
|
Tel: +44 (0) 7976 431608
|
FORWARD LOOKING STATEMENTS
This announcement includes
"forward-looking statements" which include all statements other
than statements of historical facts, including, without limitation,
those regarding the Company's financial position, business
strategy, plans and objectives of management for future operations,
or any statements preceded by, followed by or that include the
words "targets", "believes", "expects", "aims", "intends", "will",
"may", "anticipates", "would", "could" or "similar" expressions or
negatives thereof. Such forward-looking statements involve known
and unknown risks, uncertainties and other important factors beyond
the Company's control that could cause the actual results,
performance or achievements of the Company to be materially
different from future results, performance or achievements
expressed or implied by such forward-looking statements. Such
forward-looking statements are based on numerous assumptions
regarding the Company's present and future business strategies and
the environment in which the Company will operate in the future.
These forward-looking statements speak only as at the date of this
announcement. The Company expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with regard thereto or any change in
events, conditions or circumstances on which any such statements
are based unless required to do so by applicable law.
|
1
|
Details of the persons discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Eric Boyle
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
Non-executive Chairman
|
|
b)
|
Initial notification/
Amendment
|
Initial
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Voyager Life plc
|
|
b)
|
LEI
|
213800XIUQ3AHRZ6UF89
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the
financial
instrument, type of
instrument
Identification code
|
Ordinary shares of 1 pence
each
GB00BLD3FF28
|
|
b)
|
Nature of the transaction
|
Participation in the
Fundraise
Investor Warrants attached to the
Fundraise with an exercise price of 6 pence per share, expiring two
years from Second Admission
|
|
c)
|
Price(s) and volume(s)
|
|
Shares / Warrants
|
Price(s) (pence)
|
Volume(s)
|
|
Shares
|
3 pence
|
833,333
|
|
Warrants
|
6 pence
|
416,666
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
|
|
e)
|
Date of transaction
|
18 July 2024
|
|
f)
|
Place of transaction
|
London Stock Exchange
|
|
1
|
Details of the persons discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Nick Tulloch (through Fetlar Capital
Limited)
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
CEO
|
|
b)
|
Initial notification/
Amendment
|
Initial
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Voyager Life plc
|
|
b)
|
LEI
|
213800XIUQ3AHRZ6UF89
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the
financial
instrument, type of
instrument
Identification code
|
Ordinary shares of 1 pence
each
GB00BLD3FF28
|
|
b)
|
Nature of the transaction
|
Participation in the
Fundraise
Investor Warrants attached to the
Fundraise with an exercise price of 6 pence per share, expiring two
years from Second Admission
|
|
c)
|
Price(s) and volume(s)
|
|
Shares / Warrants
|
Price(s) (pence)
|
Volume(s)
|
|
Shares
|
3 pence
|
833,333
|
|
Warrants
|
6 pence
|
416,666
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
|
|
e)
|
Date of transaction
|
18 July 2024
|
|
f)
|
Place of transaction
|
London Stock Exchange
|