Central Rand Gold Limited Issue of Equity (2483V)
January 27 2017 - 2:00AM
UK Regulatory
TIDMCRND
RNS Number : 2483V
Central Rand Gold Limited
27 January 2017
Central Rand Gold Limited
(Incorporated as a company with limited liability
under the laws of Guernsey, Company Number 45108)
(Incorporated as an external company with limited
liability under the laws of South Africa,
Registration number 2007/019223/10)
ISIN: GG00B92NXM24
LSE share code: CRND JSE share code: CRD
("Central Rand Gold" or the "Company")
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Issue and Allotment of Ordinary Shares
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Further to the announcement dated 23 January 2017 wherein
shareholders were advised of the appointment of Brandon Hill
Capital Limited ("Brandon Hill") as the Company's broker, Central
Rand Gold is pleased to announce the issuance of 936,330 ordinary
shares (the "Relevant Shares") in the Company to Brandon Hill as
part consideration of their fee, in accordance with the terms of
their engagement letter. Application has therefore been made for
the Relevant Shares to be admitted to trading on both AIM and the
JSE, with admission to take place on 1 February 2017. The Relevant
Shares will rank pari passu in all respects with all existing
ordinary shares in the Company.
Following admission of the Relevant Shares, the Company's
enlarged issued share capital will comprise 208,687,028 ordinary
shares with voting rights. This figure of 208,687,028 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 in their
interest in, the share capital of the Company under the Disclosure
Rules and Transparency Rules of the United Kingdom Listing
Authority.
For further information, please contact:
Central Rand Gold +27(0) 87 310 4400
Lola Trollip
ZAI Corporate Finance Limited - Nominated Adviser +44 (0) 20
7060 2220
John Treacy / Jamie Spotswood
Brandon Hill Capital Limited - Broker +44 (0)20 3463 5000
Jonathan Evans / Wei Jiao
Merchantec Capital - JSE Sponsor +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves
Johannesburg
27 January 2017
Sponsor
Merchantec Capital
This information is provided by RNS
The company news service from the London Stock Exchange
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