NetScientific PLC Exercise of Options (9957P)
13 Octubre 2023 - 1:00AM
UK Regulatory
TIDMNSCI
RNS Number : 9957P
NetScientific PLC
13 October 2023
For release: 07.00, 13 October 2023
NetScientific plc
("NetScientific" or the "Company")
Exercise of Options
NetScientific plc (AIM: NSCI), the deeptech and life sciences VC
investment group, announces the exercise by Prof Stephen Smith (who
recently retired as a Non-Executive Director) of options over
46,155 ordinary shares in the capital of NetScientific Plc
("Ordinary Shares") for an aggregate exercise price of
GBP21,000.53.
Application will be made for 46,155 new Ordinary Shares, which
will rank pari passu with existing Ordinary Shares, to be admitted
to AIM ("Admission"). It is expected that Admission will become
effective and dealings will commence at 8.00 a.m. on or around 19
October 2023.
Following Admission, the total issued share capital of the
Company will consist of 23,574,303 Ordinary Shares ("Enlarged
Issued Share Capital"). The Company does not hold any shares in
treasury. Therefore, the total number of voting rights in the
Company will be 23,574,303 Ordinary Shares. This number may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest,
or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
# # #
For more information, please contact:
NetScientific
Ilian Iliev, CEO Via Belvedere Communications
WH Ireland (NOMAD, Financial Adviser
and Broker)
Chris Fielding / Darshan Patel /
Isaac Hooper +44 (0)20 7220 1666
Belvedere Communications
John West / Llew Angus +44 (0)20 3008 6867
About NetScientific
NetScientific plc (AIM: NSCI) is a deeptech and life sciences VC
investment group with an international portfolio of innovative
companies.
NetScientific identifies, invests in, and builds high growth
companies in the UK and internationally. The company adds value
through the proactive management of its portfolio, progressing to
key value inflection points, and delivering investment returns
through partial or full liquidity events.
NetScientific differentiates itself by employing a
capital-efficient investment approach, making judicial use of its
balance sheet and syndicating investments through its wholly owned
VC subsidiary, EMV Capital. The group secures a mixture of direct
equity stakes and carried interest stakes in its portfolio of
companies, creating a lean structure that can support a large
portfolio.
NetScientific is headquartered in London, United Kingdom, and is
admitted to trading on AIM, a market operated by the London Stock
Exchange.
www.netscientific.net
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END
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