Amphion Innovations PLC Transfer of Shares (5116E)
July 18 2016 - 11:33AM
UK Regulatory
TIDMAMP
RNS Number : 5116E
Amphion Innovations PLC
18 July 2016
Amphion Innovations plc
("Amphion" or "the Company")
Transfer of Shares
London and New York, 18 July 2016 - Amphion Innovations plc
(AIM: AMP), the developer of medical, life science, and technology
businesses, today announces that it has drawn-down the additional
tranche of US $750,000 (an "Additional Draw"), as announced on 13
July 2016, under the loan facility as initially announced on 5 June
2014 (the "Facility"). Under the terms of the Additional Draw,
Amphion has pledged 1,400,000 Ordinary Shares of Motif Bio plc as
additional collateral under the Facility. Amphion has now pledged a
total of 16,306,145 Ordinary Shares of Motif Bio plc under the
Facility.
For further information please contact:
Amphion Innovations
Charlie Morgan
+1 212 210 6224
Yellow Jersey PR
Charles Goodwin / Dominic Barretto
+44 (0)7747 788 221
Panmure Gordon Limited (Nominated Adviser and Corporate
Broker)
Freddy Crossley / Duncan Monteith (Corporate Finance)
Charlie Leigh-Pemberton (Corporate Broking)
+44 (0)20 7886 2500
Northland Capital Partners Limited (Joint Corporate Broker)
Patrick Claridge / David Hignell (Corporate Finance)
John Howes (Corporate Broking)
+44 (0)20 7382 1100
Plumtree Capital Limited (Financial Adviser)
Stephen Austin
+44 (0)20 7183 2493
+646 568 7502
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
About Amphion Innovations plc
Amphion Innovations is a developer of medical, life science and
technology businesses.
We use our extensive experience in company building to invest
and build shareholder value in high growth companies in the US and
UK. Amphion has significant shareholding in 7 Partner Companies
developing proven technologies targeting substantial commercial
marketplaces. The Amphion model has been refined to optimise the
commercialisation of patents and other intellectual property within
the Partner Companies. The Partner Companies collectively own or
control over 200 separately identified pieces of intellectual
property, a number which grows rapidly each year.
On the web: www.amphionplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
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