RNS Number : 6787E
CYBA PLC
14 March 2022
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

14 March 2022

 

CYBA plc (the "Company")

 

Acquisition of Narf Industries PR LLC and Narf Industries LLC ("Narf")

And

Readmission to Trading

 

This announcement follows on from the announcement of 17 February 2022 on the issue by the Company of its prospectus ("Prospectus") for the acquisition of Narf Industries PR LLC and Narf Industries LLC ("Narf") ("Acquisition") and the issue of the Notice of Meeting for resolutions required to complete the Acquisition and the Placing to raise gross proceeds of £6 million for working capital for the Enlarged Group and the cash portion in respect of the Acquisition ("Placing") as further described in the Prospectus ("Resolutions").

 

Unless otherwise stated in this announcement, words and phrases defined in the Prospectus have the same meanings in this announcement.

 

The Company is pleased to announce that the Resolutions were duly passed on the general meeting held today.

 

Following the passing of the Resolutions, the Company announces the readmission of the Enlarged Group to the Official List and recommencement of trading on the London Stock Exchange's Main Market of its ordinary shares is anticipated at 8.00 a.m. tomorrow, 15 March 2022 ("Admission").

 

Admission represents successful completion of the reverse takeover by the Company of Narf, and completion of the Placing.

 

A detailed background to the Company, the acquisition of Narf and the Placings is set out in the Prospectus, which can be found on the Company's website, www.cybaplc.com.

 

 

ENDS

 

About CYBA plc

CYBA plc ("CYBA") is a Group operating in the Cyber Security sector. Its strategy is focussed on building a group capable of offering Cyber and Cybersecurity solutions in the US and beyond.

 

The Group intends to leverage the deep industry knowledge of its board, its partners and the enlarged team both, to grow current operations, as well as, to undertake due diligence on the commercial attributes of further target entities' business.

 

For further information on the Group please visit www.cybaplc.com and narfindustries.com , with the Company's Prospectus to be found at www.cybaplc.com/investor-relations/corporate-documents or contact:

 

 

Robert Mitchell

 

CYBA

Tel: +44 (0) 20 3468 2212

Peter Krens

Tennyson Securities

Tel: +44 (0)207 186 9030

 

 

Important Notice

The content of this announcement has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (FSMA). This announcement has been issued by and is the sole responsibility of the Company. The information in this announcement is subject to change.

 

This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), and may not be offered or sold, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, the Republic of South Africa, Japan or any jurisdiction where to do so might constitute a violation of local securities laws or regulations (a Prohibited Jurisdiction). This announcement and the information contained herein are not for release, publication or distribution, directly or indirectly, to persons in a Prohibited Jurisdiction unless permitted pursuant to an exemption under the relevant local law or regulation in any such jurisdiction.

 

Forward-looking statements

Certain statements in this announcement constitute ''forward-looking statements''. Forward-looking statements include statements concerning the plans, objectives, goals, strategies and future operations and performance of the Company and the assumptions underlying these forward-looking statements. The Company uses the words ''anticipates'', ''estimates'', ''expects'', ''believes'', ''intends'', ''plans'', ''may'', ''will'', ''should'', and any similar expressions to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the Company's actual results, performances or achievements to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of this announcement. The Company is not obliged, and does not intend, to update or to revise any forward-looking statements, whether as a result of new information, future events or otherwise except to the extent required by any applicable law or regulation. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on behalf of the Company, are expressly qualified in their entirety by the cautionary statements contained throughout this announcement. As a result of these risks, uncertainties and assumptions, a prospective investor should not place undue reliance on these forward-looking statements.

 

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