RNS Number : 5146C
Conduity Capital PLC
19 October 2020
19 October 2020
For immediate release
CONDUITY CAPITAL PLC
("Conduity Capital" or "the Company")
Warrant Update
The Company confirms that the qualifying criteria for the accelerated exercise of the Investor Warrants, of achieving a closing price over 1.5p for five consecutive days, has been met. The Board does not intend to call upon holders to exercise their warrants at this time, but reminds warrant holders that they are able to exercise at the time of their choosing, until the earlier of the expiry of an accelerated exercise period (if required by the Company) or 2 October 2021.
The Company is also pleased to announce that it is reviewing a number of potential reverse take-over targets and will update investors as and when appropriate.
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