21 Oct 2020 07:00
21 October 2020
DeepMatter Group plc
("DeepMatter", the "Company" or "the Group")
Issue of Shares and Total Voting Rights
DeepMatter (AIM: DMTR), the AIM-quoted company focusing on digitising chemistry, announces as a result of the subscription to Ordinary Shares in the Company by Karen Bach, incoming Chair, application has been made for 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on or around 27 October 2020.
Following the subscription, Karen Bach will be interested in 500,000 Ordinary Shares which represents 0.05 per cent. of the issued share capital as enlarged by the subscription. These Ordinary Shares represent Karen's only shareholding in the Company. The subscription price was 2.5 pence per Ordinary Share.
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, the Company's issued share capital will consist of 922,397,281 Ordinary Shares. Accordingly, the figure of 922,397,281 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
For more information, please contact:
DeepMatter Group plc | T: 0141 548 8156 |
Mark Warne, Chief Executive Officer |
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Canaccord Genuity Limited (Nominated Advisor and Broker) |
T: 020 7523 8000 |
Bobbie Hilliam / Angelos Vlatakis |
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Alma PR | T: 020 3405 0205 |
Caroline Forde / Harriet Jackson / Kieran Breheny | deepmatter@almapr.co.uk |
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About DeepMatter Group plc
DeepMatter's long term strategy is to integrate chemistry with technology, thereby enabling a greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics. In the near term this involves the provision of an integrated software, hardware and artificial intelligence enabled platform, DigitalGlassware™, to scientists across research and process development sectors.
The DigitalGlassware™ platform allows chemistry experiments to be accurately and systematically recorded, coded and entered into a shared data cloud. The platform is designed to enable chemists to work together effectively; sharing the details of their experiments from anywhere and in real-time, so that work is not needlessly duplicated, time and money wasted, and ultimately so new discoveries may be made faster.
Visit: www.deepmatter.io and follow @deepmattergroup