5 Aug 2016 14:10
The Fulham Shore plc
("Fulham Shore" or the "Company")
Exercise of warrants, issue of equity and total voting rights
The Directors of Fulham Shore announce that the Company has received notice from Allenby Capital Limited that it has exercised warrants to acquire 1,115,972 new ordinary shares in the Company pursuant to a warrant instrument dated 5 February 2013, thereby generating cash proceeds of £22,319.44 for the Company.
Following the exercise of the warrants, the Company has no further warrants outstanding.
Admission to Trading & Total Voting Rights
Pursuant to the above exercise, 1,115,972 new ordinary shares of 1 penny each in the Company (the "New Ordinary Shares") have been issued and allotted, subject to their admission to trading on AIM. Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 11 August 2016. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares.
Following Admission, the Company's issued share capital will consist of 570,269,265 ordinary shares, each with one voting right. The Company does not hold any ordinary shares in treasury. The aforementioned figure of 570,269,265 ordinary shares may be used by shareholders in the Company 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 and Transparency Rules.
Contacts:
The Fulham Shore PLC www.fulhamshore.com
David Page 07836 346 934
Allenby Capital Limited
Nick Naylor / Jeremy Porter / James Reeve 020 3328 5656
Notes for editors
Information on The Fulham Shore PLC
Fulham Shore was incorporated in March 2012. The Directors believe that there are a number of potentially attractive investment opportunities within the restaurant and food service sectors in the UK.
The Directors believe that, given their collective experience in the restaurant and food service sectors, they can take advantage of the opportunities which exist in these sectors and create a profitable and sustainable business.
The ordinary shares of the Company were admitted to trading on AIM in October 2014 in order to capitalise on such opportunities.
Today Fulham Shore currently operates "The Real Greek" (www.therealgreek.com) and "Franco Manca" (www.francomanca.co.uk) restaurants, as well as a Bukowski Grill restaurant.