Iconic Labs PLC Conversion of Securities (4424U)
28 Marzo 2023 - 8:42AM
UK Regulatory
TIDMICON
RNS Number : 4424U
Iconic Labs PLC
28 March 2023
Iconic Labs PLC
("Iconic" or the "Company")
Conversion of Notes
Iconic Labs PLC (LSE:ICON), announces that it has received a
valid Conversion Notice from the European High Growth Opportunities
Securitization Fund.
The Conversion Notice was dated 27 March 2023 and provides for
50 Convertible Notes to be converted into 1,315,789,473 ordinary
shares of GBP0.00001 ("Ordinary Shares") in the Company at a
conversion price of GBP0.000038 at the aggregate principal amount
of GBP50,000.
Application is being made for the 1,315,789,473 new Ordinary
Shares to be admitted to trading on the Main Market of the London
Stock Exchange which is expected to be on or around 31 March 2023.
These shares rank pari passu with the existing Ordinary Shares of
the Company.
Following the issue of these shares, the Company's issued
ordinary share capital shall consist of 43,106,916,660 Ordinary
Shares. The figure of 43,106,916,660 represents the total voting
rights in the Company and should be used by shareholders as the
denominator for the calculation by which they can determine if they
are required to notify their interest in, or a change to their
interest in, the Company under the Financial Conduct Authority's
Disclosure Guidance & Transparency Rules.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
For any further information or enquiries please contact:
ir@iconiclabs.co.uk
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END
CONEAKDPADNDEEA
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March 28, 2023 02:42 ET (06:42 GMT)
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