Verditek PLC Issuance of 2,500,000 New Ordinary Shares (1163O)
27 Maggio 2020 - 3:45PM
UK Regulatory
TIDMVDTK
RNS Number : 1163O
Verditek PLC
27 May 2020
27(th) May 2020
Verditek PLC
("Verditek" or the "Company")
Issuance of 2,500,000 New Ordinary Shares
Verditek plc, (AIM: VDTK) the clean technology company announces
that it will issue 2,500,000 new ordinary shares ("Ordinary
Shares") at nil consideration as part settlement of professional
adviser fees.
Application has been made to the London Stock Exchange for the
Shares to be admitted to trading on AIM ("Admission") and it is
expected that such Admission will occur at 8.00 a.m. on 28(th) May
2020 . The Shares will be issued credited as fully paid and will
rank in full for all dividends and other distributions declared,
made or paid after the admission of the Subscription Shares, and
will otherwise be identical to and rank on Admission pari passu in
all respects with the existing Ordinary Shares.
Following Admission, the Company will have 291,893,534 Ordinary
Shares in issue, none of which will be held in treasury.
Accordingly, shareholders may use this figure 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 Company under the FCA's Disclosure Guidance and
Transparency Rules.
For further information, please contact:
Verditek plc
RH Lord David Willetts FRS (Non-Executive Chairman) +44 (0) 20
7129 1110
Rob Richards (Chief Executive Officer)
enquiries@verditek.com
WH Ireland Limited (NOMAD and Broker)
Chris Hardie (D irector, Corporate Finance) +44(0)207 220
1666
Chris.hardie@whirelandcb.com
About Verditek plc
AIM listed Verditek plc is a holding company with three
businesses operating within the clean technology sector. The
Company is focused on commercializing our lightweight low-profile
solar panel business. With manufacturing based in Lainate Italy, we
have developed renewable power solutions for our customers, that
drive solar energy into applications previously impossible. The
exceptional properties of our solar panels replace diesel fuel in
business such as perishable goods transport, off-grid
telecommunication towers, electric vehicle charging stations,
residential and holiday home power solutions and solar roofing for
light-weight industrial roofing.
In addition to our current PV panels in production, we have
partnered with an outstanding leader in graphene technology,
Paragraf, and have created the worlds' first Graphene Integrated
Photo Voltaic cell. We are working together to engineer the
technology for commercialization.
Verditek provides compelling commercial solutions that make our
customers business sustainable.
For more information please visit or contact the following:
https://verditek.com/
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOESESFDWESSEDI
(END) Dow Jones Newswires
May 27, 2020 09:45 ET (13:45 GMT)
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