RNS.........14 Aug 2020 08:15
Integumen announces that it has received notification from multiple warrant holders to exercise warrants over 29,404,762 shares in the share capital of Integumen ("the Warrant Shares"). This consists of 26,071,429 warrants with an exercise price of 2 pence and 3,333,333 warrants with an exercise price of 1.5 pence. The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £571,428.57.
Gerard Brandon Chief Executive Officer of Integumen commented:
"The largest institutional shareholder, Helium Rising Stars Fund, who currently hold 7.3% of Integumen shares are exercising 60% of the above warrants which will increase their holding to 8.7%. We are grateful for their continued confidence in the future growth of the Company"
All the best (over half a million in the kitty :)