MyCelx Technologies Corporation Issue of Equity (6143S)
March 13 2019 - 3:00AM
UK Regulatory
TIDMMYX TIDMTTM
RNS Number : 6143S
MyCelx Technologies Corporation
13 March 2019
13 March 2019
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
Issue of Equity
MYCELX Technologies Corporation (AIM: MYX), the clean water
technology company providing patented solutions for the Oil and Gas
market and commercial industrial markets worldwide, announces that
it has issued 2,500 common shares of $0.025 each ("Common Shares")
pursuant to the exercise of an employee share option under the
Company's Omnibus Performance Incentive Plan 2011. The Common
Shares have been issued under the block listing facility announced
on 27 September 2017.
Following the admission of Common Shares pursuant to the option
exercise and the $1.8 million placing, the results for which were
announced on 28 February 2019, the Company will have 19,413,750
Common Shares in issue. MYCELX does not currently hold any shares
in treasury. Accordingly, the figure of 19,413,750 may be used by
shareholders in the Company as the denominator in the calculations
by which they determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information please contact:
MYCELX Technologies Corporation
Connie Mixon, CEO Tel: +1 888 306 6843
Kim Slayton, CFO
Cantor Fitzgerald Europe - NOMAD and Broker
David Porter Tel: +44 20 7894 7000
Richard Salmond
Celicourt Communications
Mark Antelme Tel: +44 20 7520 9266
Jimmy Lea
Notes to Editors
MYCELX is a revolutionary oil-free water technology company
solving the world's toughest oil removal problems in the oil and
gas industry. The systems are based upon scientific breakthrough
for a completely different approach to permanent oil removal. The
Company created the patented MYCELX polymer using innovative
molecular cohesion for removing oil from water far beyond what
conventional systems have ever achieved. MYCELX systems remove oil
to critically low levels in a much smaller physical footprint than
conventional systems and in a virtually fail-safe process.
www.mycelx.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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