Last checked at 6 Mar 2017 17:10
GoTech Group plc - Issue of warrantsGoTech Group plc - Issue of warrants
PR Newswire
London, March 6
GoTech Group plc / Index: AIM / Epic: GOT.L / Sector: Software
6 March 2017
GoTech Group plc
(“GoTech”, the “Company” or the “Group”)
Issue of warrants
GoTech, the sports and wellbeing focused technology company, announces the issue of warrants to two consultants to the Group. These consultants are involved in the development work for the Group’s skills2achieve programme and other development work.
The consultants have been issued with warrants granting them the right to subscribe, in aggregate, for up to 750,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 4 pence per Ordinary Share. The warrants will expire upon the fifth anniversary of issue.
Following the issue of the new warrants as detailed above, there are warrants outstanding over 5,311,157 Ordinary Shares, equivalent to 3.78 per cent. of the fully diluted share capital of the Company as at the date of this announcement. At the date of this announcement the Company has 135,304,535 Ordinary Shares in issue.
**ENDS**
For further information, please visit www.gotechgroup-plc.com or contact:
| Gail Ganney | GoTech Group plc | Tel: +44 (0) 1707 659111 |
| Virginia Bull James Reeve Liz Kirchner | Allenby Capital Limited | Tel: +44 (0) 20 3 328 5656 |
| Duncan Vasey Lucy Williams | Peterhouse Corporate Finance | Tel: +44 (0) 20 7220 9797 |
| Lottie Brocklehurst Grace-Anne Marius | St Brides Partners | Tel: +44 (0) 20 7236 1177 |