DJI Holdings PLC Exercise of Warrants and Total Voting Rights (4117K)
September 21 2016 - 2:01AM
UK Regulatory
TIDMDJI
RNS Number : 4117K
DJI Holdings PLC
21 September 2016
21 September 2016
DJI Holdings plc
("DJI" or the "Company")
Exercise of Warrants and Total Voting Rights
DJI Holdings plc (AIM: DJI, "the Group", "DJI"), the Chinese
technology, content and services provider, announces that it has
received an exercise notice from North Square Blue Oak Ltd (NSBO)
for the exercise of 652,616 warrants over Ordinary Shares with an
exercise price of 100 pence per warrant. The warrants were granted
to NSBO at the time of the Group's IPO in July 2014. Accordingly,
652,616 new Ordinary Shares have been issued. The Group's broker,
Mirabaud Securities LLP, on behalf of NSBO, has placed these shares
with existing investors.
Application has been made for admission of these 652,616 new
Ordinary Shares to trading on AIM ("Admission") and it is expected
that Admission will take place at 8.00 a.m. on 27 September 2016.
Following Admission, there will be a total of 207,594,007 Ordinary
Shares in issue. The Company holds no shares in treasury.
Shareholders should therefore use the figure of 207,594,007 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.
ENDS
For further information please contact:
+44 (0) 1565
DJI Holdings plc 872990
Darren Mercer, Group Chief
Executive
Scott Kennedy, Chief Financial
Officer
Strand Hanson Limited (Nominated +44 (0) 20 7409
& Financial Adviser) 3494
Andrew Emmott / Ritchie Balmer
Mirabaud Securities LLP (Broker +44 (0) 20 7878
to DJI) 3362
Peter Krens
This information is provided by RNS
The company news service from the London Stock Exchange
END
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