EVR Holdings PLC Exercise of Warrants and Issue of Shares (9222N)

TIDMEVRH

RNS Number : 9222N

EVR Holdings PLC

23 January 2019

23 January 2019

EVR Holdings plc

("EVR" or the "Company")

Exercise of Warrants and Issue of Shares

EVR Holdings plc (AIM: EVRH), one of the leading creators of virtual reality content, announces that the Company has received notices of exercise of warrants over 355,963 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.85 pence per share. The gross proceeds of this exercise received by the Company amounts to GBP6,585.32.

Following the warrant exercise, the outstanding warrants over Ordinary Shares are as follows:

 
 Number of Ordinary 
  Shares              Exercise Price   Expiry Date 
-------------------  ---------------  ---------------- 
 10,385,366           1.85p            16 October 2019 
 9,230,180            1.2p             31 July 2020 
 51,294,234           1.1p             16 May 2026* 
 

*32,305,630 of these warrants are held by the Directors of the Company

The Company has made application for the 355,963 new Ordinary Shares, to be issued and allotted as a result of the warrant exercises set out above, to be admitted to trading on AIM. Admission is expected to occur at 8.00 a.m. on 25 January 2019. The 355,963 new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Total Voting Rights

For the purpose of the Disclosure and Transparency Rules, following the admission of 355,963 new Ordinary Shares, the Company's total issued ordinary share capital will consist of 1,308,551,555 Ordinary Shares. The Company does not hold any shares in treasury. This figure may be used by shareholders 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 Company under the Disclosure and Transparency Rules.

For further information please contact:

EVR Holdings plc

Anthony Matchett, Executive Chairman & CEO Tel: [phone]

Andy Brown, Chief Financial Officer

www.evrholdings.com

Investec Bank plc: Nominated Adviser, Financial Adviser Tel: [phone]

and Corporate Broker

Corporate Finance: David Anderson / Junya Iwamoto

Corporate Broking: Sara Hale / Helene Comitis

Notes to Editors:

MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc. Further information can be viewed at www.evrholdings.com and www.melodyvr.com

For more information on Melody VR, please visit:

www.melodyvr.com

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 [e-mail] or visit www.rns.com.

END

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January 23, 2019 11:30 ET (16:30 GMT)