RE: RNS27 Oct 2022 15:09
Placing Details
The Company has raised GBP800,000 (before expenses) by way of a placing of 1,142,857,142 new ordinary shares of no-par value in the capital of the Company ("Placing Shares") through Monecor (London) Ltd trading as OvalX ("Oval"), at a placing price of 0.07p per share (the "Placing Price") (the "Placing"). Investors are also receiving one warrant for every two Placing Shares exercisable at a price of 0.15p with a term of 24 months, with 571,428571 warrants being issued in aggregate (the "Placing Warrants")