ASA Resource Group PLC Exercise of options (1352O)
November 02 2016 - 6:23AM
UK Regulatory
TIDMASA
RNS Number : 1352O
ASA Resource Group PLC
02 November 2016
2 November 2016
Asa Resource Group plc
("Asa Resource", "the Group" or "the Company")
Exercise of options
Asa Resource (AIM: ASA) announces that it has been notified that
a former employee has elected to exercise share options granted
under the Company's share option scheme. The exercise is in respect
of options over 1,875,000 ordinary shares of 0.1 pence each
("Ordinary Shares") at an exercise price of 1.6p.
An application has been made for 1,875,000 Ordinary Shares to be
admitted to trading on AIM and it is expected that admission will
take place on or around 8.00 a.m. on 7 November 2016.
Following admission, the total issued and voting share capital
of the Company will comprise 1,692,020,443 Ordinary Shares. This
figure 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, or a change to their interest in,
securities of the Company.
For more information please visit http://www.asaukplc.com/ or
contact us below:
London
Asa Resource Group plc.
One Fleet Place, London EC4M 7W
Ian B Dearing, Group General Counsel and Company Secretary
Niall Henry, non-Executive Director (Investor Relations)
communications@asaukplc.com
Hong Kong
Yim Kwan, Finance Director
Asa Resource Group plc.
Units 509-510, Level 5, Core E, Cyberport 3, 100 Cyberport Road,
Hong Kong
communications@asaukplc.com
Nominated Adviser and Joint Broker
SP Angel Corporate Finance LLP
Prince Frederick House, 35-39 Maddox Street, London W1S 2PP
John Mackay, Jeff Keating, Caroline Rowe
Tel: +44 (0) 20 3470 0470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 02, 2016 06:23 ET (10:23 GMT)
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