TIDMMCC

RNS Number : 8923C

Monchhichi plc

20 April 2017

 
  For immediate release   20 April 2017 
 

Monchhichi plc

('Monchhichi' or the 'Company')

Exercise of Warrants and Issue of Equity

London, 20 April 2017 - Monchhichi plc (AIM: MCC) announces that it has received notification from warrant holders to exercise warrants over 14 ordinary shares of 0.1p each in the Company at an exercise price of 80.0p per share.

Application has been made to the London Stock Exchange to admit the 14 new ordinary shares to trading on AIM. Admission of the new ordinary shares is expected to occur on 25 April 2017. The new ordinary shares will rank pari passu with the existing ordinary shares.

Following the issue of shares detailed above the enlarged share capital of the Company will comprise 43,902,176 ordinary shares of 0.1p each.

The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 43,902,176. This figure may be used by shareholders 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 Guidance and Transparency Rules.

- Ends -

 
 Enquiries:                                    Tel: +44 (0)20 7466 
  Monchhichi Plc                                              5000 
  Simon Fry, Non-Executive Chairman            www.monchhichi.life 
  Jean Pascal Tranié, Chief 
  Executive 
  Panmure Gordon (Nominated                    Tel: +44 (0)20 7886 
   Adviser and Broker)                                        2500 
   Dominic Morley / Alina Vaskina 
 Buchanan (Financial communications)           Tel: +44 (0)20 7466 
  Richard Oldworth / Henry Harrison-Topham                    5000 
  monchhichi@buchanan.uk.com                   www.buchanan.uk.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 20, 2017 09:15 ET (13:15 GMT)

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