TIDMBMR

RNS Number : 6691W

BMR Group PLC

13 February 2017

BMR Group PLC ("BMR" or the "Company")

Issue of new ordinary shares upon exercise of warrants

BMR announces that by 10 February 2017, the final date for the exercise of the various warrants issued between 28 October 2015 and 28 October 2016, it had received valid instructions to exercise warrants to subscribe for 5,920,774 new ordinary shares in the Company at a price of 7 pence per share, which represents proceeds of approximately GBP414,000.

It is anticipated that the new ordinary shares issued to exercising warrant holders will be admitted to trading on AIM on Thursday 16 February 2017.

BMR advises that the total number of shares with voting rights will then amount to 189,006,233. This figure represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information:

BMR Group PLC 020 7734 7282

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

NOMAD and Joint Broker

Chris Fielding, Head of Corporate Finance

Nick Prowting, Manager

Peterhouse Corporate Finance 020 7469 0930

Joint Broker

Lucy Williams/ Duncan Vasey/ Heena Karani

MAR Notification Form

for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                      Michael Alexander BORRELLI 
---  ------------------------  -------------------------------------- 
 2    Reason for notification 
---  ---------------------------------------------------------------- 
 a)   Position / status         Director 
---  ------------------------  -------------------------------------- 
 b)   Initial notification      Initial 
       / Amendment 
---  ------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                      BMR Group PLC 
---  ------------------------  -------------------------------------- 
 b)   LEI                       N/A 
---  ------------------------  -------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------------- 
 a)            Description of   Warrants for subscription at 
                the financial    7p per share into new ordinary 
             instrument, type    shares 
                of instrument    GB00BWV0F181 
               Identification 
                         code 
---  ------------------------  -------------------------------------- 
 b)   Nature of the             Exercise of warrants for subscription 
       transaction               at 7p per share into new ordinary 
                                 shares 
---  ------------------------  -------------------------------------- 
 c)   Price(s) and                             Price(s)    Volumes(s) 
       volumes(s)                             ----------  ----------- 
                                                  GBP0.07     666,666 
                                              ----------  ----------- 
---  ------------------------  -------------------------------------- 
 d)   Aggregated information                   Price(s)    Volumes(s) 
                                              ----------  ----------- 
                                                  GBP0.07     666,666 
                                              ----------  ----------- 
---  ------------------------  -------------------------------------- 
 e)   Date of the transaction   10 February 2017 
---  ------------------------  -------------------------------------- 
 f)   Place of the              London Stock Exchange - AIM 
       transaction               XLON 
---  ------------------------  --------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELLFSRFTIFLID

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February 13, 2017 02:00 ET (07:00 GMT)

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