Draper Esprit : Issue of Equity for Option Exercise
February 07, 2020 at 11:33 am EST
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Draper Esprit PLC - GROW
Issue of Equity for Option Exercise
Released 16:28 07-Feb-2020
RNS Number : 3955C
Draper Esprit PLC
07 February 2020
DRAPER ESPRIT PLC
('Draper Esprit' or the 'Company')
Issue of Equity for Option Exercise under 2016 Company Share Option Plan
Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses, announces that on 7 February 2020 the Company allotted 36,549 new ordinary shares of 1p each in the Company (the 'Ordinary Shares') pursuant to the exercise of share options by an employee and former employee under the 2016 Share Option Plan (CSOP).
Application has been made for the new Ordinary Shares to be admitted to trading on AIM and Euronext Growth and it is expected that admission will take place on 13 February 2020. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 118,121,312 ordinary shares.
Enquiries
Draper Esprit plc
Martin Davis (Chief Executive Officer)
Ben Wilkinson (Chief Financial Officer)
+44 (0)20 7931 8800
Numis Securities
Nominated Adviser & Joint Broker
Richard Thomas
Jamie Loughborough
+44 (0)20 7260 1000
Goodbody Stockbrokers
Euronext Growth Adviser & Joint Broker
Don Harrington
Charlotte Craigie
Dearbhla Gallagher
+44 (0) 20 3841 6202
Powerscourt
Public relations
James White
Elly Williamson
Jessica Hodgson
+44 (0)20 7250 1446
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Draper Esprit plc published this content on 07 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2020 16:32:00 UTC
Molten Ventures Plc is a venture capital investment company specializing in acquiring stakes in high-growth European companies operating in the technology sector
At the end of March 2022, the portfolio amounted, in market value, to GBP 1,410.8 million.