Diamondcorp Plc Issue of Equity (7307C)
April 19 2013 - 2:00AM
UK Regulatory
TIDMDCP
RNS Number : 7307C
Diamondcorp Plc
19 April 2013
19 April 2013
DiamondCorp plc
JSE share code: DMC & AIM share code: DCP
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", "the Group" or "the Company")
ISSUE OF EQUITY
DiamondCorp announces that it has issued 1,500,000 new ordinary
shares of 3p each in the capital of the Company to a financial
advisor in respect of a success fee for introducing Laurelton
Diamonds Inc. ("Laurelton"), a wholly owned subsidiary of Tiffany
& Co. As previously reported, Laurelton has completed a diamond
offtake agreement with the Company's 74% owned subsidiary, Lace
Diamond Mine.
The new ordinary shares will rank pari passu with the existing
ordinary shares of the Company.
Application has been made to the London Stock Exchange and the
Johannesburg Stock Exchange for admission of the 1,500,000 new
ordinary shares to trading on AIM and AltX and dealings are
expected to occur on Tuesday, 23 April 2013 ("Admission").
Total Voting Rights
Following Admission, the Company's issued share capital will
consist of 276,839,478 ordinary shares of 3p each, none of which
are held in treasury.
The above figure of 276,839,478 ordinary shares should 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 FCA's Disclosure and
Transparency Rules.
Contact details:
DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +44 20 3151 0970
+27 56 212 2930
UK Broker & Nomad
Panmure Gordon (UK) Limited
Dominic Morley/Adam James
Tel: +44 20 7886 2500
Joint Broker
SP Angel Corporate Finance LLP
Ewan Leggat/Laura Littley
Tel: +44 207 598 5368
JSE Sponsor
PSG Capital (Pty) Limited
John-Paul Dicks
Tel: +27 21 887 9602
This information is provided by RNS
The company news service from the London Stock Exchange
END
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