13 Feb 2017 07:00
BMR Group PLC ("BMR" or the "Company")
Issue of new ordinary shares upon exercise of warrants
BMR announces that by 10 February 2017, the final date for the exercise of the various warrants issued between 28 October 2015 and 28 October 2016, it had received valid instructions to exercise warrants to subscribe for 5,920,774 new ordinary shares in the Company at a price of 7 pence per share, which represents proceeds of approximately £414,000.
It is anticipated that the new ordinary shares issued to exercising warrant holders will be admitted to trading on AIM on Thursday 16 February 2017.
BMR advises that the total number of shares with voting rights will then amount to 189,006,233. This figure represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
For further information:
BMR Group PLC 020 7734 7282
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
NOMAD and Joint Broker
Chris Fielding, Head of Corporate Finance
Nick Prowting, Manager
Peterhouse Corporate Finance 020 7469 0930
Joint Broker
Lucy Williams/ Duncan Vasey/ Heena Karani
MAR Notification Form
for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
a) | Name | Michael Alexander BORRELLI
| ||||||||
2 | Reason for notification | |||||||||
a) | Position / status | Director
| ||||||||
b) | Initial notification / Amendment | Initial
| ||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | BMR Group PLC
| ||||||||
b) | LEI | N/A | ||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
a) | Description of the financial instrument, type of instrument
Identification code | Warrants for subscription at 7p per share into new ordinary shares
GB00BWV0F181
| ||||||||
b) | Nature of the transaction | Exercise of warrants for subscription at 7p per share into new ordinary shares
| ||||||||
c) | Price(s) and volumes(s) |
| ||||||||
d) | Aggregated information |
| ||||||||
e) | Date of the transaction | 10 February 2017
| ||||||||
f) | Place of the transaction | London Stock Exchange - AIM
XLON
| ||||||||