30 November 2022
Marechale Capital
plc
(“Marechale” or the “Company”)
Exercise of
Options and Issue of Equity
Marechale Capital plc (AIM: MAC), announces that it has received
a notification from an option holder to exercise options over
83,333 ordinary shares (“New Ordinary Shares”) in the Company at an
exercise price of 1.9 pence per share
for total proceeds of approximately £1,600.
The option holder was a former employee of the Company and
retained his options under good leaver provisions. Following this
exercise of options, the Company has options outstanding over
6,982,743 ordinary shares in aggregate representing approximately
7.32 per cent. of the Company’s enlarged issued share capital
following admission of the New Ordinary Shares.
Admission to AIM
Application will be made for the new ordinary shares which are
to be issued in respect of this exercise of options to be admitted
to trading on AIM ("Admission"). It is expected that Admission of
the New Ordinary Shares will become effective at 8.00 a.m. on or around 5
December 2022. The New Ordinary Shares will be issued
credited as fully paid and will rank in full for all dividends and
other distributions declared, made or paid after Admission and will
otherwise rank on Admission pari passu in all respects with the
existing ordinary shares.
Total Voting Rights
Following Admission, the total number of ordinary shares in
issue will be 95,461,247. The Company does not hold any ordinary
shares in treasury. Therefore, the total number of ordinary shares
with voting rights will be 95,461,247. This figure may be used by
shareholders in the Company 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 share capital of
the Company under the Financial Conduct Authority's Disclosure and
Transparency Rules.
This announcement contains inside
information for the purposes of Article 7 of EU Regulation
596/2014.
For further information please
contact:
Marechale Capital plc
Mark Warde-Norbury / Patrick Booth-Clibborn |
Tel: +44 (0)20 7628
5582 |
Cairn Financial Advisers LLP (Nomad)
Jo Turner / Sandy Jamieson |
Tel: +44 (0)20 7213
0880 |
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Alice McLaren |
Tel: + 44 (0)78 7574
4070
marechalecapital@blytheray.com |
