14 Aug 2017 16:16
blur Group plc
("blur", the "Group" or the "Company")
Warrant Certificates
blur Group plc (AIM: BLUR), the market-leading Indirect Spend Management platform, announces that, in connection with the Company's announcement published on 7 July 2017 at 7.00 a.m. detailing the expected timetable for the despatch of warrant certificates, the Company is in the process of confirming warrant certificate registration details with placees. The Company expects that this process will be completed shortly, following which the warrant certificates will be despatched to placees.
As previously announced, placees will receive one warrant for every 4 placing shares subscribed (rounded down to the nearest whole warrant), entitling them to subscribe for one additional new ordinary share at a price of 3.5 pence, exercisable at any time in the period commencing on the first anniversary of admission of the placing shares on 1 August 2017 and ending 12 months thereafter (a total of 25,000,000 warrants).
For further information, please contact:
blur Group plc investors@blurgroup.com
Tel: +44 (0) 1392 927189
N+1 Singer
Shaun Dobson/James White Tel: +44 (0) 20 7496 3000
Yellow Jersey PR
Felicity Winkles/ Katie Bairsto Tel: +44 (0) 7748 843 871