Botswana Diamonds PLC Exercise of Warrants (2615R)
July 04 2022 - 11:43AM
UK Regulatory
TIDMBOD
RNS Number : 2615R
Botswana Diamonds PLC
04 July 2022
4(th) July 2022
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Exercise of Warrants
Botswana Diamonds announces that pursuant to the receipt of
conversion notice from a holder of 1,666,667 warrants exercisable
at 0.60 pence each, it has today issued 1,666,667 ordinary shares
of GBP0.0025 each ("Ordinary Shares") at the exercise price of 0.60
pence per new share ("New Shares").
Application will be made for the New Shares, which will rank
pari passu with the existing Ordinary Shares, to be admitted to
trading on AIM and it is expected that this will take place on or
around 8th July 2022 ("Admission"). The proceeds of the exercise of
GBP10,000 will be used for additional working capital.
Following the Admission of the 1,666,667 New Shares, Botswana
Diamonds will have 880,738,569 Ordinary Shares in issue which will
also represent the total number of voting rights in the Company.
The above figure should be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency
Rules.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018. The person who arranged for the release of this announcement
on behalf of the Company was Jim Finn, Director
A copy of this announcement is available on the Company's
website, at www.botswanadiamonds.co.uk
Enquiries:
Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
James Campbell, Managing Director +27 83 457 3724
Jim Finn, Director +353 1 833 2833
Beaumont Cornish - Nominated Adviser
Michael Cornish
Roland Cornish +44 (0) 020 7628 3396
Beaumont Cornish Limited - Broker
Roland Cornish
Felicity Geidt +44 (0) 207 628 3396
First Equity Limited - Joint Broker
Jason Robertson +44 (0) 207 374 2212
BlytheRay - PR +44 (0) 207 138 3206
Megan Ray +44 (0) 207 138 3553
Rachael Brooks +44 (0) 207 138 3206
Said Izagaren +44 (0) 207 138 3206
Naomi Holmes +44 (0) 207 138 3206
Teneo
Luke Hogg +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
Ciara Wylie +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
ENDS
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END
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July 04, 2022 11:43 ET (15:43 GMT)
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