RE: Prostate Testing31 Jan 2025 15:06
Further to the passing of the resolutions at the General Meeting, application has been made for 311,600,000 new Ordinary Shares (comprising the VCT/EIS Placing Shares and VCT/EIS Subscription Shares to be issued pursuant to the Fundraising) to be admitted to trading on AIM ("VCT/EIS Admission"). Application has also been made for 1,326,658,415 new Ordinary Shares (comprising the General Placing Shares, the Subscription Shares, the WRAP Offer Shares, the Fee Shares and the Vulpes Arrangement Fee Shares to be issued pursuant to the Fundraising) to be admitted to trading on AIM ("General Admission").
Surely such a drastic dilution will mean a dramatic fall in SP.