Tekcapital plc Issue of Equity and total voting rights (3419S)
08 Marzo 2023 - 4:59PM
UK Regulatory
TIDMTEK
RNS Number : 3419S
Tekcapital plc
08 March 2023
8(th) March 2023
Tekcapital plc
("Tekcapital" or the "Company")
Issue of Equity and Total Voting Rights
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 has issued 100,000 ordinary shares of 0.4 pence in the
Company at a price of 17.25 pence per share, in consideration for
the acquisition of numerous training and quality assurance
materials for Tekcapital's Invention Evaluator service from Keon
Research LLC ("Consideration Shares").
Application has been made for the 100,000 Consideration Shares
to be admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on or around 14 March 2023. On
Admission the Consideration Shares will rank pari passu with the
existing ordinary shares, the total number of ordinary shares in
issue with voting rights in the Company will be 164,854,828. There
are no shares held in treasury. This figure may therefore be used
by shareholders as the denominator for the calculation by which
they may determine if they are required to notify their interest
in, or change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
LEI: 213800GOJTOV19FIFZ85
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com .
For further information, please contact:
Tekcapital Plc Via Flagstaff IR
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP
(Nominated Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison / Charlie Bouverat (Corporate
Finance)
Rob Rees (Corporate Broking)
Flagstaff Strategic and Investor Communications +44 (0) 20 7129 1474
Tim Thompson / Andrea Seymour / Fergus Mellon
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving Tekcapital that may constitute
forward-looking statements. These statements may be identified by
words such as "expect," "look forward to," "anticipate" "intend,"
"plan," "believe," "seek," "estimate," "will," "project" or words
of similar meaning. We may also make forward-looking statements in
other reports, in presentations, in material delivered to
customers, stakeholders and in press releases. In addition, our
representatives may from time to time make oral forward-looking
statements. Such statements may be based on the current
expectations and certain assumptions of Tekcapital's management.
Please note that these are subject to a number of risks,
uncertainties and factors, including, but not limited to those
described in various disclosures. Should one or more of these risks
or uncertainties materialise, or should underlying expectations not
occur or assumptions prove incorrect, actual results, performance
or achievements of Tekcapital may vary materially from those
described explicitly or implicitly in the relevant forward-looking
statement. Tekcapital neither intends, nor assumes any obligation,
to update or revise these forward-looking statements in light of
developments which differ from those anticipated.
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END
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March 08, 2023 10:59 ET (15:59 GMT)
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