RE: Latest RNS news - help17 Dec 2021 10:42
Warrants are issued and are like "Buy Options" - so if you do a deal for shares as a major investor or as part of a general fundraise, then there may be warrants issued as well as the shares you receive, warrants may also be issued as director or staff bonuses. The deal for these warrants was done a long time ago, as a promise of shares at a fixed price in the future. So these options were taken up, and the warrants cancelled. Its not a new deal, just the closure of an old deal. Always good to get cash in the bank.