RE: quiet so far this morning re: RNS29 Jul 2020 08:59
RNS:
Dev Clever (LSE: DEV), a leading developer of careers guidance and development platforms, is pleased to announce that further to the announcement of 27 July 2020, Intrinsic Capital Jersey Limited has today subscribed for 2.5 million new ordinary shares at a price of 10p per share, raising £250,000 before expenses. In addition, Chris Jeffries, Chief Executive Officer, has converted £21,140.69 of the convertible loan note instrument, entered into on 20 January 2020, to 2,114,069 new ordinary shares. Application is being made for the new shares to be admitted to trading, which is expected to be on or around 3 August 2020.
The new ordinary shares will rank pari passu with the existing ordinary shares of the Company. Following the issue of the new ordinary shares, the Company's issued share capital will comprise of 441,124,827 ordinary shares (including the 4,614,069 new ordinary shares). This figure of 441,124,827 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.