17:26 Fri 22 Jan 2021
Microsaic Systems - Full Exercise of Broker Option
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN MICROSAIC SYSTEMSPLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION, SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF MICROSAIC SYSTEMS PLC.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 AS RETAINED IN
Microsaic Systems plc
(AIM: MSYS)
("Microsaic" or the "Company")
Full Exercise of Broker Option
Defined terms used in this announcement have the same meaning as in the Circular sent to shareholders on
Microsaic, the high technology company which develops point-of-need mass spectrometers, designed to improve the efficiency of chemical and biological workflows, is pleased to announce that further to the announcement of the Placing on
Application will be made in due course to the London Stock Exchange for 5,620,000,000 Ordinary Shares, including the Placing Shares, the Fees Shares and the Broker Option Shares, to be admitted to trading on AIM. It is expected that Admission will occur and dealings will commence on
Following Admission, the Company will have 6,076,365,146 Ordinary Shares in issue. Therefore, the Company hereby confirms that the total number of voting rights in the Company will, following Admission, be 6,076,365,146. This figure will be confirmed following the result of the General Meeting on
Related party transaction
Unicorn Asset Management, a substantial shareholder in the Company (and therefore a related party of the Company for the purposes of the AIM Rules), has subscribed for 600,000,000 Placing Shares and 75,000,000 Broker Option Shares at the Placing Price. The participation by Unicorn Asset Management in the Broker Option is deemed to be a related party transaction pursuant to Rule 13 and Rule 16 of the AIM Rules. Further to the fair and reasonable statement made in the announcement on
Enquiries:
Microsaic Systems plc |
+44 (0) 1483 751 577 |
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N+1 Singer (Nominated Adviser & Joint Broker) |
+44 (0)20 7496 3000 |
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Turner Pope Investments (TPI) Limited (Joint Broker) |
+44 (0) 20 3657 0050 |
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