30 November 2022
Marechale Capital plc
("Marechale" or the "Company")
Exercise of Options and Issue of Equity
Marechale Capital plc (AIM: MAC), announces that it has received a notification
from an option holder to exercise options over 83,333 ordinary shares ("New
Ordinary Shares") in the Company at an exercise price of 1.9 pence per share
for total proceeds of approximately £1,600.
The option holder was a former employee of the Company and retained his options
under good leaver provisions. Following this exercise of options, the Company
has options outstanding over 6,982,743 ordinary shares in aggregate
representing approximately 7.32 per cent. of the Company's enlarged issued
share capital following admission of the New Ordinary Shares.
Admission to AIM
Application will be made for the new ordinary shares which are to be issued in
respect of this exercise of options to be admitted to trading on AIM
("Admission"). It is expected that Admission of the New Ordinary Shares will
become effective at 8.00 a.m. on or around 5 December 2022. The New Ordinary
Shares will be issued credited as fully paid and will rank in full for all
dividends and other distributions declared, made or paid after Admission and
will otherwise rank on Admission pari passu in all respects with the existing
ordinary shares.
Total Voting Rights
Following Admission, the total number of ordinary shares in issue will be
95,461,247. The Company does not hold any ordinary shares in treasury.
Therefore, the total number of ordinary shares with voting rights will be
95,461,247. This figure may be used by shareholders in the Company 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
share capital of the Company under the Financial Conduct Authority's Disclosure
and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.
For further information please contact:
Marechale Capital plc Tel: +44 (0)20 7628 5582
Mark Warde-Norbury / Patrick Booth-Clibborn
Cairn Financial Advisers LLP (Nomad) Tel: +44 (0)20 7213 0880
Jo Turner / Sandy Jamieson
BlytheRay (Financial PR) Tel: + 44 (0)78 7574 4070
Tim Blythe / Megan Ray / Alice McLaren marechalecapital@blytheray.comMAC.L
Marechale Capital Plc
Marechale Capital Plc - Exercise of Options and Issue of Equity
30th November 2022, 07:00
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