MyCelx Technologies Corporation Closure of Restricted Stock Line (8925R)
September 26 2017 - 12:31PM
UK Regulatory
TIDMMYX TIDMMYXR
RNS Number : 8925R
MyCelx Technologies Corporation
26 September 2017
26 September 2017
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
Closure of Restricted Stock Line
MYCELX Technologies Corporation (AIM: MYX), the clean water
technology company providing patented solutions for the Oil and Gas
market and commercial industrial markets worldwide, confirms the
closure of its restricted line of stock will take effect at 8.00
a.m. on 29 September 2017.
Application has been made to the London Stock Exchange for the
transfer of an additional 15,057,638 common shares of $0.025 each
("Common Shares") (the "Additional Shares") from the Company's
restricted line of stock with the ticker MYXR (identified under
ISIN USU624551078 and SEDOL B56S0J1) (the "Restricted Line") to the
Company's unrestricted line of stock with the ticker MYX
(identified under ISIN US62847T2024 and SEDOL B8NZQP4) (the
"Unrestricted Line").
The Additional Shares are constituted of 15,053,336 Common
Shares which have been transferred by shareholders upon expiry of
the restricted period under Regulation S of the US Securities Act
of 1933 and 4,302 Common Shares under the Omnibus Performance
Incentive Plan 2011 block listing which remain unissued. Together
with the transfer of the 797,695 Common Shares as announced on 21
September 2017, the Company has applied to the London Stock
Exchange for the transfer of a total of 15,855,333 Common Shares
from the Restricted Line to the Unrestricted Line at 8.00 a.m. on
29 September 2017.
Trading in the Company's Restricted Line will cease at 8.00 a.m.
on 29 September 2017 and, as previously disclosed, all Common
Shares currently trading on the Restricted Line will from then on
continue to trade on the Unrestricted Line.
From 29 September 2017, all of the 18,770,117 Ordinary Shares
will be admitted to trading on the Unrestricted Line.
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
Andrew Craig 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 company news service from the London Stock Exchange
END
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