4 April 2024
EnSilica plc
("EnSilica", the
"Company" or the "Group")
Exercise of Warrants, Issue
of Equity
and Total Voting
Rights
EnSilica, a leading chip maker of
mixed signal ASICs (Application Specific Integrated
Circuits), announces that it has received
notice for the exercise of warrants to subscribe for 40,000 new
ordinary shares of 0.1 pence each in the Company (the "Ordinary Shares"). The exercise
price of the warrants is 55 pence per new Ordinary Share and will
generate proceeds of £22,000.00 for the Company.
The warrants were issued to
subscribers of new Ordinary Shares in the placing announced by the
Company on 14 December 2023 and following today's exercise of
warrants, there are 3,085,000 of these warrants
outstanding.
Admission to AIM
Application has been made to London
Stock Exchange plc for the 40,000 new Ordinary Shares to be
admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective and that dealings in the new
Ordinary Shares will commence on AIM at 8.00 a.m. on or
around 10 April 2024.
Total Voting Rights
Upon Admission, the Company's issued
share capital will consist of 85,045,158 Ordinary Shares with one
voting right each. The Company does not hold any Ordinary Shares in
treasury. Therefore, the total number of Ordinary Shares and voting
rights in the Company will be 85,045,158. With effect from
Admission, this figure 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 to their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
For further
information please contact:
|
EnSilica
plc
Ian Lankshear, Chief Executive
Officer
www.ensilica.com
|
Via Vigo Consulting
+44 (0)20 7390 0233
|
|
Allenby
Capital Limited, Nominated Adviser & Joint
Broker
Jeremy Porter / Vivek
Bhardwaj (Corporate Finance)
Joscelin Pinnington / Tony Quirke (Sales
& Corporate Broking)
|
+44 (0)20 3328 5656
info@allenbycapital.com
|
|
Singer Capital
Markets, Joint Broker
Rick Thompson / Asha Chotai
|
+44 (0)20 7496 3000
|
|
Vigo
Consulting (Investor & Financial Public
Relations)
Jeremy Garcia / Kendall
Hill
|
+44 (0)20 7390 0233
ensilica@vigoconsulting.com
|
About EnSilica
EnSilica is a leading fabless design
house focused on custom ASIC design and supply for OEMs and system
houses, as well as IC design services for companies with their own
design teams. The company has world-class expertise in supplying
custom RF, mmWave, mixed signal and digital ICs to its
international customers in the automotive, industrial, healthcare
and communications markets. The company also offers a broad
portfolio of core IP covering cryptography, radar, and
communications systems. EnSilica has a track record in delivering
high quality solutions to demanding industry standards. The company
is headquartered near Oxford, UK and has design
centres across the UK and
in India and Brazil.