(“Igraine” or “the Company”)
Result of General Meeting and Board Changes
Accordingly, all conditions precedent relating to the proposed placing and subscription (together the “Fundraise”) announced on
As of the date of this announcement, £3,911,000 of the Fundraise monies have been received by the Company. The £3,240,000balance, consisting of funds raised via Subscription directly by the Company, have as yet not been received by the Company. The Board understands that these funds are in transit, but due primarily to issues with international bank transfers, receipt has been delayed. Therefore, at this stage application has been made only for the 1,564,400,000shares to be issued as a result of the placing successfully conducted by
The First Admission shares will, on Admission, rank pari passu in all respects with the Ordinary Shares and will rank in full for all dividends and other distributions hereafter declared, paid or made on the ordinary share capital of the Company.
As announced on
The proxy voting results of the resolutions are set out below:
| Resolution | For | Against | Discretion to Chairman | Percentage of Voting Rights | Withheld | Total |
| 01 | 93,546,700 | Nil | Nil | 77.15% | 272,545 | 93,819,245 |
| 02 | 93,546,700 | Nil | Nil | 77.15% | 272,545 | 93,819,245 |
| 03 | 93,476,700 | 70,000 | Nil | 77.15% | 272,545 | 93,819,245 |
| 04 | 93,546,700 | Nil | Nil | 77.15% | 272,545 | 93,819,245 |
| Total Voting Rights | 121,246,692 |
The change of name of the Company to EthTry Plc will be effective once
Following First Admission, the Company's issued share capital will comprise 1,685,646,692 Ordinary Shares, with each Ordinary Share carrying the right to one vote. Accordingly, the total number of voting rights in the Company will be 1,685,646,692 and this figure may be used by shareholders 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 Company under the
Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning given to them in the Circular to shareholders dated
Contacts
Company:
| Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
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| 2 | Reason for the notification | |||||
| a) | Position/status |
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| b) | Initial notification /Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | |||||
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| b) | LEI | 213800VX2NIA6TZN3139 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of nominal value £0.00002 each GB00BM9CKV18 | ||||
| b) | Nature of the transaction |
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| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | 6,000,000 £0.0025 per share | ||||
| e) | Date of the transaction |
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| f) | Place of the transaction | Direct Subscription | ||||