RE: Yanis200525 May 2022 18:04
Baits,
You are right in that the new float given in the RNS of 2,283,650,514 indicates an increase in float of 915 millio (previous float was 1,368,650,514).
Yet, if you go through the RNS there are new shares as follows:
546 millio @ 1.09p
91 million @ 1.09p
5646 million @ 1.20p
5 mil lender shares
Total:546+91+546+5 = 1,188 million shares
But the increase in float is 915 millions, a difference of 273 millions.
The reason for these 273 millions not included in the new float is because they have not been authorised yet - they will be at the EGM in June