( AAA or the Company ) AAA announces that it has today entered into subscription option a greements with Ramsey Consultants Ltd and Candy Ventures SARL, the investment offices of, respectively, David Rosen and Nick Candy. Each of the two subscription option a greements is for up to 100 million new ordinary shares in AAA ( AAA Shares ) and is exercisable at 50p per new AAA Share (the AAA Options ). The Board has decided to grant the AAA Options following approaches made to the Company by Ramsey Consultants Ltd and Candy Ventures SARL (the Option Holders ), both of whom have expressed an interest in AAA s portfolio of investments and, in particular, its option agreement with AAQUA B.V., details of which were announced on 18 December 2020 (the AAQUA Option ). Under the AAQUA Option, AAA may, subject to certain conditions, subscribe for up to 125,000 new AAQUA ordinary shares at 1,000 per share.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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