TIDMDVRG

RNS Number : 7248U

Deepverge PLC

07 April 2021

AIM share code: DVRG

7 April 2021

DeepVerge PLC

("DeepVerge" or "Company")

Exercise of Options

DeepVerge announces that it has received notification from UK EMI employee share option holders to exercise 18,102 shares in the issued share capital of DeepVerge ("the Option Shares"). The consideration for the exercise of the Option Shares at nominal value of 0.1p amounts, in aggregate, to a cash value of GBP18.10.

Application will be made for the Option Shares to be admitted to trading on AIM ("Admission"). Admission is expected to be on or about 13 April 2021.

Total voting rights

The Company's total issued capital, after the issue of the Option Shares, will be 173,195,661 ordinary shares. As the Company does not hold any shares in Treasury, 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 following Admission.

Contacts

 
                                                   +44 (0) 7340 055 
 DeepVerge plc              Gerard Brandon, CEO     648 
 
 SPARK Advisory Partners 
  Limited                   Neil Baldwin/Andrew    +44 (0) 113 370 
  (Nominated Adviser)        Emmott                 8974 
 
 Turner Pope Investments    Andy Thacker/Zoe       +44 (0) 20 3657 
  (TPI) Limited (Broker)     Alexander              0050 
 

About DeepVerge plc (www.deepverge.com)

DeepVerge is an environmental and life science group of companies that develops and applies AI and IoT technology to analytical instruments for the analysis and identification of bacteria, virus and toxins. Utilising artificial intelligent data analytics to scientifically prove the impact of skincare product claims on skin microbiome for most of the top 20 global cosmetic company clients and remotely detect and identify in real-time, dangerous pathogens in wastewater treatment plants, drinking water, rivers, lakes and reservoirs.

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(END) Dow Jones Newswires

April 07, 2021 10:43 ET (14:43 GMT)

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