Defenx plc Notification of Interest re Exit Opportunity (9948X)
December 24 2019 - 5:42AM
UK Regulatory
TIDMDFX
RNS Number : 9948X
Defenx plc
24 December 2019
24 December 2019
Defenx PLC
("Defenx", the "Company" or the "Group")
Notification of Interest re Exit Opportunity
Defenx PLC (AIM: DFX), the cyber-security software group,
announces that, further to BV Tech's announcement on 4 December
2019 of the Exit Opportunity to Minority Shareholders, the Company
has been notified by BV Tech that it acquired a further 831,378 and
321,858 Ordinary Shares on 20 and 23 December 2019 respectively at
3 pence per share, being the purchase price pursuant to the Exit
Opportunity.
Following the purchase of such Ordinary Shares, BV Tech is now
interested in 30,513,695 Ordinary Shares, representing
approximately 78.83 per cent. of the existing issued Ordinary
Shares and voting rights in the Company.
Following the approval of the Resolutions at the Company's
General Meeting on 20 December 2019, the last day of dealings in
Defenx's Ordinary Shares will be 6 January 2020, and at 7.00 a.m.
on 7 January 2020, the admission to trading on AIM of Defenx's
Ordinary Shares will be cancelled.
The Company notes that the Exit Opportunity, as announced by BV
Tech on 4 December 2019, will remain open until 1:00 p.m. (London
time) on 6 January 2020.
Further details of the Cancellation are set out in the Circular
posted to shareholders and available on the Company's website at
https://investors.defenx.com.
Unless otherwise defined herein, capitalised terms used in this
announcement shall have the same meaning as those used in the
Company's announcement of 4 December 2019.
Enquiries
Defenx PLC
Anthony Reeves - Interim Executive Chairman 020 3198 9414
Strand Hanson Limited (Nominated and Financial Adviser
to the Company)
Richard Tulloch / Stuart Faulkner / James Bellman 020 7409 3494
WH Ireland (Broker to the Company)
Adrian Hadden / James Sinclair-Ford
Melvyn Brown (Sales & Trading) 020 7220 1666
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Florence Chandler 020 3934 6630
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 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
HOLLLFVIFRLSFIA
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