Baskerville Capital PLC Extension of exercise period of warrants (1406K)
27 August 2019 - 7:01AM
UK Regulatory
TIDMBASK
RNS Number : 1406K
Baskerville Capital PLC
27 August 2019
27 August 2019
BASKERVILLE CAPITAL PLC
("Baskerville" or "the Company")
Extension of exercise period of warrants
Baskerville (BASK) has warrants outstanding over 2,000,000
ordinary shares exercisable at 2.5p per share and over 11,500,000
ordinary shares exercisable at 7.5p per share. These warrants will
expire on the second anniversary of the Company's listing, being 22
September 2019.
The directors have today executed a deed poll to extend the
exercise period of the warrants to the fourth anniversary of
listing, being 22 September 2021. The directors have extended the
exercise period because they believe the warrant-holders may
support the Company in any future fundraising.
Rodger Sargent, Chairman of Baskerville said: "We continue to
pursue technology deals and are closer, though not yet concluded,
to agreeing our first deal. We will of course update shareholders
further as soon as possible."
For information please contact:
Baskerville Capital www.baskcap.com
plc
Rodger Sargent via Walbrook PR
Walbrook PR Ltd Tel: 020 7933 8780 or baskerville@walbrookpr.com
Paul Cornelius Mob: 07866 384 707
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(END) Dow Jones Newswires
August 27, 2019 02:01 ET (06:01 GMT)