Motif Bio PLC Exercise of Warrants (8055J)
22 Dicembre 2015 - 8:00AM
UK Regulatory
TIDMMTFB
RNS Number : 8055J
Motif Bio PLC
22 December 2015
22 December 2015
Motif Bio plc
("Motif" or the "Company")
Exercise of Warrants
Motif Bio plc (AIM:MTFB) the clinical stage biopharmaceutical
company specialising in developing novel antibiotics, today
announces that the Company will issue 35,925 ordinary shares of 1
penny each ("Option Shares") in settlement of options that have
been exercised. The options were exercised at a price of US $0.20
per ordinary share for total consideration of US $7,185.
Admission to trading on AIM ("Admission") of the Option Shares,
which will rank pari passu with the existing Ordinary Shares, will
be applied for, and it is expected that Admission will become
effective and dealings in the new Ordinary Shares will commence on
29 December 2015.
Total Voting Rights
Following Admission, the total issued share capital of the
Company will be 108,601,496 Ordinary Shares with one voting right
each. The Company does not hold any shares in treasury.
Accordingly, the total voting rights in the Company will be
108,601,496. This figure may be used by shareholders 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 Disclosure
and Transparency Rules of the UK Financial Conduct Authority.
For further information please contact
Enquiries
Motif Bio plc info@motifbio.com
Graham Lumsden (Chief Executive
Officer)
David Huang (Chief Medical Officer)
www.motifbio.com
Zeus Capital Limited (NOMINATED
ADVISER and BROKER)
Phil Walker/Dan Bate +44 (0) 20
Dominic Wilson 3829 5000
Northland Capital Partners Limited
(BROKER)
Patrick Claridge/ David Hignell +44 (0) 20
John Howes/ Mark Treharne (Broking) 7382 1100
+49 (0) 89
MC Services AG (TRADE PR) 210 2280
Raimund Gabriel +44 (0) 207
Shaun Brown 148 5998
Plumtree Capital Limited (FINANCIAL
ADVISOR) +44 (0) 207
Stephen Austin 183 2493
Yellow Jersey PR Limited (FINANCIAL
PR)
Charles Goodwin +44 (0) 7747
Dominic Barretto 788 221
Notes to Editors:
Motif is a clinical stage biopharmaceutical company, which
specialises in developing novel antibiotics designed to be
effective against serious and life-threatening infections caused by
multi-drug resistant bacteria. The Company has a lead antibiotic
candidate, iclaprim, in clinical development and MTF-001, a
preclinical stage programme to design a best-in-class dihydrofolate
reductase inhibitor (DHFRi).
Iclaprim is being developed for the treatment of the most common
and serious bacterial infections such as acute bacterial skin and
skin structure infections (ABSSSI) and hospital acquired bacterial
pneumonia (HABP), including those caused by resistant strains such
as MRSA (methicillin-resistant Staphylococcus aureus) and MDRSP
(multi-drug resistant Streptococcus pneumoniae) that have become
prevalent in patients in both the community and hospital
settings.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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