Defenx plc Exercise of Warrants (9592I)
June 23 2017 - 2:01AM
UK Regulatory
TIDMDFX
RNS Number : 9592I
Defenx plc
23 June 2017
23 June 2017
Defenx PLC
("Defenx" or the "Company")
Exercise of Warrants
Defenx PLC (AIM:DFX), the cyber-security software group,
announces that it has received notice from a warrant holder for the
exercise of 15,000 warrants over ordinary shares of 1.8 pence in
the capital of the Company ("Ordinary Shares") at an exercise price
of GBP1.25 per warrant (the "Warrants"). Accordingly, 15,000 new
Ordinary Shares will be issued to the warrant holder. The aggregate
subscription price in respect of the Warrants is GBP18,750.
Total Voting Rights
Application has been made for admission of these 15,000 new
Ordinary Shares to trading on AIM ("Admission") and it is expected
that Admission will take place at 8.00 a.m. on 29 June 2017.
Following Admission, Defenx will have 11,776,694 Ordinary Shares
in issue and admitted to trading on AIM and a total of 250,739
warrants in issue.
The figure, therefore, of 11,776,694 Ordinary Shares may be used
by Shareholders as the denominator for the calculations by which
they will determine whether they are required to notify their
interest in, or a change to their interest in, the share capital of
Defenx under the Financial Conduct Authority's Disclosure Guidance
and Transparency Rules. Defenx holds no Ordinary Shares in
treasury.
Enquiries
Defenx PLC
Andrea Stecconi - Chief Executive Officer
Philipp Prince - Chief Financial Officer 020 3769 0687
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Heather
Armstrong 020 3053 8671
Strand Hanson Limited (Nominated and
Financial Adviser)
Richard Tulloch / Ritchie Balmer /
James Bellman 020 7409 3494
WH Ireland (Joint-Broker)
Adrian Hadden / Alex Bond 020 7220 1666
Beaufort Securities (Joint-Broker)
Jon Belliss 020 7382 8300
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable
cyber-security software group that offers a range of Security,
Backup and Protection solutions for smartphones, PCs and
networks.
A channel sales strategy, focused on flexibility,
white-labelling and profit-share arrangements with distributors,
telecoms companies and hardware manufacturers, enables Defenx to
compete with established industry incumbents. Defenx's global
distribution partners currently include 3Italia, Türk Telecom and
Western Digital, amongst others including telecoms operators,
systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015,
acquired Memopal Srl in August 2016 and announced a strategic
partnership with BV-Tech, an Italian IT solutions provider, in
April 2017. These have allowed the Company to diversify its product
portfolio and grow its customer base by adding proprietary cloud
backup and encryption technology as well as new channel
partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEFJMJTMBITMBR
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June 23, 2017 02:01 ET (06:01 GMT)
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