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DFX Defenx Plc

1.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Defenx Plc LSE:DFX London Ordinary Share GB00BYNF4J61 ORD GBP0.018
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.60 0.50 2.70 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Defenx plc Exercise of Warrants (0802M)

26/07/2017 7:00am

UK Regulatory


Defenx (LSE:DFX)
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From Mar 2019 to Mar 2024

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TIDMDFX

RNS Number : 0802M

Defenx plc

26 July 2017

26 July 2017

Defenx PLC

("Defenx" or the "Company")

Exercise of Warrants

Defenx PLC (AIM:DFX), the cyber-security software group, announces that it has received notice from a warrant holder for the exercise of 63,750 warrants over ordinary shares of 1.8 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of GBP0.80 per warrant (the "Warrants"). Accordingly, 63,750 new Ordinary Shares will be issued to the warrant holder. The aggregate subscription price in respect of the Warrants is GBP51,000.

Total Voting Rights

Application has been made for admission of these 63,750 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 27 July 2017.

Following Admission, Defenx will have 11,862,792 Ordinary Shares in issue and admitted to trading on AIM and a total of 186,989 warrants in issue.

The figure, therefore, of 11,862,792 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of Defenx under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Defenx holds no Ordinary Shares in treasury.

Enquiries

 
 Defenx PLC 
  Andrea Stecconi - Chief Executive Officer 
  Philipp Prince - Chief Financial Officer     020 3769 0687 
 IFC Advisory (Financial PR and IR) 
  Tim Metcalfe / Graham Herring / Heather 
  Armstrong                                    020 3053 8671 
 Strand Hanson Limited (Nominated and 
  Financial Adviser) 
  Angela Hallett / Richard Tulloch / 
  Ritchie Balmer                               020 7409 3494 
 WH Ireland (Joint-Broker) 
  Adrian Hadden / Alex Bond                    020 7220 1666 
 Beaufort Securities (Joint-Broker) 
  Jon Belliss                                  020 7382 8300 
 

About Defenx

Founded in 2009, Defenx is a fast-growing and profitable cyber-security software group that offers a range of Security, Backup and Protection solutions for smartphones, PCs and networks.

A channel sales strategy, focused on flexibility, white-labelling and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Defenx's global distribution partners currently include 3Italia, Türk Telecom and Western Digital, amongst others including telecoms operators, systems integrators and original equipment manufacturers.

Defenx was admitted to trading on AIM on 3 December 2015, acquired Memopal Srl in August 2016 and announced a strategic partnership with BV-Tech, an Italian IT solutions provider, in April 2017. These have allowed the Company to diversify its product portfolio and grow its customer base by adding proprietary cloud backup and encryption technology as well as new channel partners.

Web: investors.defenx.com

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 company news service from the London Stock Exchange

END

IOERAMRTMBJTBIR

(END) Dow Jones Newswires

July 26, 2017 02:00 ET (06:00 GMT)

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