TIDMDVRG

RNS Number : 3892T

Deepverge PLC

24 March 2021

AIM share code: DVRG

24 March 2021

DeepVerge PLC

("DeepVerge" or "Company")

Exercise of Warrants

DeepVerge announces that it has received notification from a warrant holder to exercise warrants over 78,570 shares in the share capital of DeepVerge ("the Warrant Shares") at an exercise price of 20 pence. T he consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of GBP15,714.

The Warrant Shares were allotted on 24 March 2021. Application has been made for the Warrant Shares to be admitted to trading on AIM ("Admission"), and Admission is expected to be on or about 30 March 2021. These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company's total issued capital, after the issue of the Warrant Shares, will be 173,177,559 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

March 24, 2021 11:37 ET (15:37 GMT)

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