Vast Resources plc Exercise Of Warrants
October 06 2015 - 2:00AM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
06 October 2015
Vast Resources plc
("Vast" or the "Company")
Exercise of warrants
Vast Resources plc, the AIM listed resource and development company,
announces that application has been made for 7,500,000 new ordinary
shares of 0.1p each to be admitted to trading on AIM pursuant to the
exercise of warrants by an adviser to the Company (the "Warrant
Exercise"). Of the warrants exercised, 3,000,000 have an exercise price
per share of 0.5 pence and 4,500,000 have an exercise price of 0.6
pence.
The 7,500,000 new ordinary shares issued pursuant to the Warrant
Exercise will rank pari passu with the Company's existing ordinary
shares and admission to trading on AIM is expected to occur at 8:00 am
on 12 October 2015 ("Admission").
Following Admission, the total number of voting rights in the Company
will be 1,480,848,989, with each ordinary share carrying the right to
one vote.
The above figure of 1,480,848,989 may be used by shareholders as the
denominator for the calculations by which they will determine if they
are required to notify their interest in VAST under the FCA's Disclosure
and Transparency Rules.
*** ENDS ***
For further information visit www.vastresourcesplc.com or please
contact:
Vast Resources plc
Roy Tucker (Finance Director) +44 (0) 1622 816918
+44 (0) 7920 189012
Roy Pitchford (Chief Executive Officer) +263 (0) 7721 69833
+40 (0) 7411 11900
+44 (0) 7793 909985
Strand Hanson Limited - Financial & Nominated Adviser www.strandhanson.co.uk
James Spinney +44 (0) 20 7409 3494
Ritchie Balmer
James Bellman
Daniel Stewart and Company plc - Joint Broker www.danielstewart.co.uk
Martin Lampshire +44 (0) 20 7776 6550
David Coffman
Dowgate Capital Stockbrokers Ltd - Joint Broker www.dowgatecapitalstockbrokers.co.uk
Jason Robertson +44 (0)1293 517744
Neil Badger
St Brides Partners Ltd www.stbridespartners.co.uk
Charlotte Heap +44 (0) 20 7236 1177
Hugo de Salis
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Vast Resources plc via Globenewswire
HUG#1956858
http://www.acrplc.com/
(END) Dow Jones Newswires
October 06, 2015 02:00 ET (06:00 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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