Livingstone Health has successfully alocated 1,000,000 new ordinary shares pursuant to the exercise of warrants as set out in a deed poll by the company previously.
The new shares will rank pari passu in all respects with the existing shares of the company, except for any dividends, rights, allotments or other distributions that may be declared or paid before the date of issue of the warrants.
With the issuance of the new shares, the total number of issued and paid-up ordinary shares of the company has increased to 610,787,479 shares.
The new shares are expected to be listed and quoted on the Catalist board of the Singapore Exchange (SGX) on or around Sept 11 and trading of the new shares is expected to commence from 9.00 am on the same day.
Shares in Livingstone closed 0.1 cent lower or 3.45% down at 2.8 cents on Sept 6.
