WeCap Plc Issue of Shares

 
TIDMWCAP 
 
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO 
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION 
(EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT 
VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW 
CONSIDERED TO BE IN THE PUBLIC DOMAIN. 
 
WeCap plc 
 
("WeCap" or the "Company") 
 
Issue of shares 
 
Following the announcement of the placing ("Placing") and subscription 
("Subscription") for an aggregate of 66,666,667 new ordinary shares of 0.25p 
each at 1.5 pence per share on 12 December 2023, the Company will also be 
issuing a further 800,000 ordinary shares in relation to the consideration due 
to certain advisors for services provided. 
 
Application will be made for the New Ordinary Shares to be admitted to trading 
on the access segment of the Aquis Growth Market and this is expected to occur 
on or around 21 December 2023. 
 
Total Voting Rights 
 
Following Admission of the New Ordinary Shares, WeCap plc's issued ordinary 
share capital will consist of 412,814,017 ordinary shares of 0.25 pence each. 
This number represents the total voting rights in the Company, and following 
Admission, may be used by shareholders as the denominator for the calculation by 
which they can determine if they are required to notify their interest in, or a 
change to their interest in, the Company under the Financial Conduct Authority's 
("FCA") Disclosure and Transparency Rules. The New Ordinary Shares shall 
rank pari passu in all respects with the existing ordinary shares of the 
Company. 
 
The Directors of the Company accept responsibility for the contents of this 
announcement. 
 
ENDS 
 
Enquiries: 
 
Company: 
[e-mail] 
 
Corporate Advisor: 
 
Peterhouse Capital Limited 
Guy Miller/Narisha Ragoonanthun: + 44 (0) 20 7469 0930 (Direct) 
 
Corporate Broker: 
 
Tennyson Securities Limited 
Peter Krens: [phone] (Direct) 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

December 18, 2023 02:01 ET (07:01 GMT)