Grafenia plc Block admission application (1212E)

TIDMGRA

RNS Number : 1212E

Grafenia plc

26 February 2020

26 February 2020

Grafenia plc

("Grafenia", the "Group" or "Company")

Block admission application

Grafenia (AIM: GRA) announces that an application has been made to the London Stock Exchange for admission to AIM for a block admission of 3,026,306 new ordinary shares of one penny each in the Company ("New Ordinary Shares").

The New Ordinary Shares will be issued in the event of the exercise of employee share options under the Company's 2017 Save as You Earn Share Scheme.

Upon exercise, the New Ordinary Shares will be issued credited as fully paid and will rank, pari passu, in all respects with the existing ordinary shares.

It is expected that such admission will become effective on or around 2 March 2020.

For further information:

 
 Grafenia plc 
                                                    07973 191 
 Peter Gunning (Chief Executive Officer)             632 
 
 Allenby Capital Limited (Nominated Adviser 
  and broker) 
                                                    0203 328 
 David Hart / Liz Kirchner / Nicholas Chambers       5656 
 

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February 26, 2020 02:00 ET (07:00 GMT)