Botswana Diamonds PLC Exercise of Warrants (3051Z)
March 13 2017 - 10:55AM
UK Regulatory
TIDMBOD
RNS Number : 3051Z
Botswana Diamonds PLC
13 March 2017
13(th) March 2017
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Exercise of Warrants
Botswana Diamonds announces that pursuant to the receipt of a
conversion notice from a holder of 1,764,700 warrants exercisable
at 0.85 pence each, it has today issued 1,764,700 ordinary shares
of GBP 0.0025 each ("Ordinary Shares") at the exercise price of
0.85 pence per share new share ("New Share(s)").
Application has been 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 17 March 2017 ("Admission").
Following the Admission of the 1,764,700 New Shares, Botswana
Diamonds will have 375,175,881 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.
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
ENDS
Enquiries:
Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
James Campbell, Managing
Director +27 83 457 3724
Jim Finn, Director
Northland Capital Partners
Limited
David Hignell/Gerry Beaney
(Corporate Finance) +44 (0) 203 861 6625
John Howes (Broking)
Dowgate Capital Stockbrokers
Limited
Jason Robertson +44 (0) 129 351 7744
Blytheweigh +44 (0) 207 138 3204
Camilla Horsfall +44 (0) 781 784 1793
Nick Elwes +44 (0) 7831 851 855
Rachael Brooks
PSG Plus
Colm Heatley +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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