RE: Price alert14 Feb 2023 11:23
Further, the Subscription Price will not be the subject of a cap and will be the subject of the Floor Price of £1.10 per Share. If the Subscription Price formula results in a price that is less than the Floor Price, the Company may elect not to issue shares and instead opt to repay the applicable subscription amount in cash (with a 9% per annum premium), subject to the subscriber's right to exclude 30% of the subscription from such repayment.