RE: Happy little rise19 Jul 2023 21:22
Just to prove warrants aren't always the free money they are believed to be, from one of the ygen Rns's today
Life Technologies also holds warrants over 20,325,204 new ordinary shares exercisable at 24.6p, warrants over 17,094,018 new ordinary shares exercisable at 11.7p, and warrants over 16,913,319 new ordinary shares exercisable at 11.8p (together the "Life Technologies Warrants"). As a result of previous share price performance, the Company is able to request Life Technologies to exercise the warrants or to waive their rights under them prior to their expiry in December 2023. The Company has made this request and Life Technologies have confirmed they do not wish to exercise these warrants. As a result, the Life Technologies Warrants over an aggregate of 54,332,541 new ordinary shares have now been cancelled.