Bezant Resources PLC Exercise of Warrants, Total Voting Rights (3278L)
May 12 2022 - 10:02AM
UK Regulatory
TIDMBZT
RNS Number : 3278L
Bezant Resources PLC
12 May 2022
12 May 2022
Bezant Resources Plc
("Bezant" or the "Company")
Exercise of Warrants, Total Voting Rights
Bezant (AIM: BZT), the copper-gold exploration and development
company, announces:
Issue of new shares upon exercise of warrants: Pursuant to the
exercise of warrants at a price of 0.16p per share in terms of the
fundraising announced on 19 June 2020 the Company is issuing a
total of 11,875,000 fully paid ordinary shares of 0.002p each in
the Company (the "New Ordinary Shares"). The New Ordinary Shares
will rank pari passu with the existing ordinary shares in the
Company.
Application to trading on AIM : Application will be made to the
London Stock Exchange for the 11,875,000 New Ordinary Shares, to be
admitted to trading on AIM. It is expected that Admission will
become effective and that dealings in the New Ordinary Shares will
commence at 8.00 a.m. on or around 18 May 2022.
Issued Share Capital : Following the issue of the New Ordinary
Shares, the Company's total issued share capital will consist of
5,039,189,252 Ordinary Shares with voting rights. The Company does
not hold any Ordinary Shares in treasury and accordingly there are
no voting rights in respect of any treasury shares.
Total Voting Rights On Admission, the above mentioned figure of
5,039,189,252 Ordinary Shares may be used by shareholders in the
Company 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, Bezant under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Bezant Resources Plc
Colin Bird +44 (0) 20 7581
Executive Chairman 4477
Beaumont Cornish (Nominated Adviser)
Roland Cornish +44 (0) 20 7628 3396
Novum Securities Limited (Broker)
Jon Belliss +44 (0) 20 7399 9400
or visit http://www.bezantresources.com
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 ("UK MAR").
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END
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May 12, 2022 10:02 ET (14:02 GMT)
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