Ananda Developments Plc - Proposed Rule 9 Waiver and Acquisition PR Newswire London, November 24 24 November 2022 ANANDA DEVELOPMENTS PLC ("Ananda" or the "Company")
Ananda Developments Plc - Shareholdings in the Company
PR Newswire
Shareholdings in the Company
In June 2019, URA Holdings Plc ( URA ) subscribed for 88,888,888 ordinary shares of 0.2p each in the Company ( Ordinary Shares ) and received warrants to subscribe for a further 88,888,888 Ordinary Shares (the Warrants ).
Ananda has now been notified that URA has completed the required steps to allow it to distribute its holdings of Ordinary Shares and Warrants to shareholders in URA on a pro rata basis (the Distribution ).
Directors Interests
Charles Morgan, Melissa Sturgess and Peter Redmond, all of whom are Directors of the Company, are also shareholders in URA and will receive Ordinary Shares and Warrants in the Distribution as follows: