We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Supply@me Capital Plc | LSE:SYME | London | Ordinary Share | GB00BFMDJC60 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0005 | -2.22% | 0.022 | 0.021 | 0.023 | 0.023 | 0.02 | 0.02 | 1,520,784,424 | 16:09:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Prepackaged Software | 767k | -9.88M | -0.0002 | -1.00 | 12.25M |
TIDMSYME
RNS Number : 3786U
Supply@ME Capital PLC
23 November 2023
23 November 2023
Supply@ME Capital plc
(the "Company" or "SYME")
Transfer of Warrants
SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation(c) ("IM") solutions enabling their businesses to generate cashflow, today announces that the entire holding of 961,832,433 warrants (each exercisable into one new ordinary share of nominal value GBP0.00002 each in the capital of the Company) in aggregate (the "Warrants") previously issued to of Mercator Capital Management Fund LP ("Mercator") pursuant to seven warrant instruments executed by the Company, cast as deed polls, between 1 October 2021 and 14 July 2022 (the "Warrant Instruments") have been transferred (the "Transfer") by Mercator to an independent third party purchaser (the "Transferee").
A summary of the key terms of the Warrants are set out in the table below:
Date of issue Maturity date Number of Warrants Exercise price 01/10/2021 01/10/2024 443,726,031 GBP0.00316 --------------- ------------------- --------------- 01/11/2021 01/11/2024 29,197,856 GBP0.00314 --------------- ------------------- --------------- 01/12/2021 01/12/2024 49,867,625 GBP0.00184 --------------- ------------------- --------------- 04/01/2022 04/01/2025 77,763,767 GBP0.00174 --------------- ------------------- --------------- 02/02/2022 02/02/2025 79,179,799 GBP0.00171 --------------- ------------------- --------------- 04/03/2022 04/03/2025 105,948,198 GBP0.00128 --------------- ------------------- --------------- 14/07/2022 14/07/2025 176,149,157 GBP0.00085 --------------- ------------------- --------------- Total 961,832,433 ------------------- ---------------
The Company has confirmed that the Transferee is neither an affiliate of Mercator, nor a person closely associated of any person discharging managerial responsibilities of the Company for the purposes of Regulation 2014/596/EU, which is part of the domestic law of the United Kingdom of Great Britain and Northern Ireland pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)).
Under the terms of the Warrant Instruments, the Warrants may only be transferred to affiliates of the holder of the Warrants from time to time. The Company authorised the Transfer in accordance with the modification provisions in the Warrant Instruments on this occasion, but, going forwards, the terms of the Warrant Instruments shall continue to preclude transfer to non-affiliates of the holder of the Warrants without the consent of the Company. The new certificates in respect of the Warrants will be sent to the Transferee shortly.
Contact information:
Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
MHP Group, SupplyME@mhpgroup.com
Notes:
SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehouse goods waiting to be sold to end-customers or goods/commodities that are part of a typical import/export transaction.
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHMZMZMNZVGFZM
(END) Dow Jones Newswires
November 23, 2023 02:00 ET (07:00 GMT)
1 Year Supply@me Capital Chart |
1 Month Supply@me Capital Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions