Gráfica de Acción Histórica
2 meses : De Sep 2019 a Nov 2019
RNS Number : 6819N
25 September 2019
("Novacyt" or the "Company")
Conversion of Loan Notes
Paris, France and Camberley, UK - 25 September 2019 - Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT) an international specialist in clinical diagnostics, announces that, pursuant to the Convertible Bonds with Warrants Funding Programme announced on 26 April 2019, it has issued a tranche of new ordinary shares of EUR1/15 each ("Ordinary Shares") to Negma Group Limited following the receipt of conversion notices. Further details are set out below.
Conversion notices dated: 25 September 2019
Number of Notes converted 38
Conversion amount EUR95,000
Lowest VWAP during the 15 days preceding
the conversion notice EUR0.0725
Conversion price EUR0.0667
Number of shares issued 1,425,000
Application will be made for the 1,425,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on 1 October 2019. Admission of the new Ordinary Shares to trading on Euronext is expected to occur on or before 1 October 2019.
Total Voting Rights
Following Admission, the total number of ordinary shares in the Company is 57,119,754. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company pursuant to Article L. 223-7 of the French Commercial Code and the Company's Articles. The Company is not subject to the disclosure guidance and transparency rules made by the Financial Conduct Authority under Part VI of FSMA.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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For further information, please refer to www.novacyt.com or contact:
Graham Mullis, Chief Executive Officer
Anthony Dyer, Chief Financial Officer
+44 (0)1223 395472
SP Angel Corporate Finance LLP (Nominated Adviser and Broker)
Matthew Johnson / Jamie Spotswood (Corporate Finance)
Vadim Alexandre / Rob Rees (Corporate Broking)
+44 (0)20 3470 0470
FTI Consulting (International)
Brett Pollard / Victoria Foster Mitchell/ Mary Whittow
+44 (0)20 3727 1000
FTI Consulting (France)
Arnaud de Cheffontaines / Astrid Villette
+33 (0)147 03 69 47 / +33 (0)147 03 69 51
email@example.com / firstname.lastname@example.org
About Novacyt Group
The Novacyt Group is an international diagnostics business generating an increasing portfolio of in vitro and molecular diagnostic tests. Its core strengths lie in diagnostics product development, commercialisation, contract design and manufacturing. The Company's lead business units comprise of Primerdesign and Lab21 Products, supplying an extensive range of high quality assays and reagents worldwide. The Group directly serves oncology, microbiology, haematology and serology markets as do its global partners, which include major corporates.
For more information please refer to the website: www.novacyt.com
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(END) Dow Jones Newswires
September 25, 2019 10:46 ET (14:46 GMT)