RE: strong growth potential for CTEA29 Oct 2020 11:38
Exercise of Warrants & Issue of Equity
The Company has received notification of exercise of the warrants over 3,750,000 ordinary shares, providing the Company with proceeds of £15,000. Following the warrant exercises, details of resulting shareholdings of the directors of the Company are set out below:
Director
Shareholding prior to exercise of warrant referred to above
Shares issued pursuant to warrant exercise
Shareholding subsequent to the warrant exercise
% of enlarged issued share capital following warrant exercise
Brian Thompson
31,318,797
-
31,318,797
14.2%
Guy Meyer
3,104,582
2,500,000
5,604,582
2.5%
John Farthing
1,341,702
1,250,000
2,591,702
1.2%