Global Connectivity PLC

Shareholders

The Company’s shares are traded on the AQSE Growth Market.

The Company’s ticker code is: RBBS.
The number of securities in issue on Admission:	361,926,142 Ordinary Shares of £0.01 each
The percentage of securities in public hands on Admission:	29.35%

 

Significant Shareholders

A list of the shareholders holding more than five per cent of the Company’s share capital or voting rights and the percentage held by such shareholders on Admission, 21 October 2020, and on further Admission of additional shares, 21 December 2021 are as follows:

Name	Ordinary Shares held, directly or indirectly, legally or beneficially	% of Share Capital
Barry Hersh	36,137,500	9.98
Placifor Investment Corporation	35,309,262	9.76
Livia Meyer	72,700,000	19.68
Dr Keith Harris	36,126,667	9.98
New Developments Limited	32,126,667	8.88
New Star Investment Trust Plc	46,000,000	12.78
Christopher Stone	13,000,000	3.59

 

Warrants

On 23 September 2020, the Company entered into a warrant instrument pursuant to which the Company will constitute warrants to subscribe for up to 100,000,000 Ordinary Shares at a price of 4 pence per share. The Warrants will be issued to Placees and Subscribers on a one for one basis and are non-transferable. The subscription rights under the Warrants must be exercised within two years of the issue of the Warrants (being the date of Admission).

On 23 September 2020, the Company also entered into a warrant deed with Hybridan pursuant to which the Company issued warrants to Hybridan to subscribe for 1,622,400 Ordinary Shares at £0.025 per share. The subscription rights are exercisable at any time from the date falling two months after Admission to the fifth anniversary of Admission.

The amount is 101,622,400 Warrants in total. The exact dilution percentage cannot be worked out as they may be further issues of shares before all the warrants are exercised. If they were all to be exercised before any further issue of shares, the percentage of immediate dilution would be 25%.