Independent Resources PLC Holding(s) in Company (2184R)
December 07 2016 - 8:12AM
UK Regulatory
TIDMIRG
RNS Number : 2184R
Independent Resources PLC
07 December 2016
FOR IMMEDIATE RELEASE
Independent Resources plc
("IRG" or the "Company")
Holding(s) in Company
Independent Resources plc (the "Company") has today been
notified that following the proposed placing of Ordinary Shares in
the Company at a price of 0.08p per share and conditionally upon
Admission of the Placing Shares to trading on AIM, Sanderson
Capital Partners Limited ("Sanderson") will increase its
shareholding in the Company from 69,476,190 shares to 286,863,690
shares. Sanderson will have accordingly increased its direct
percentage ownership from 5.20% prior to today's announced
financing to 12.51% of the enlarged issued share capital of the
Company following the admission of the 958,245,000 Placing
Shares.
Capitalised terms used in this announcement, but not defined,
have the same meaning as in the announcement made on 6 December
2016 entitled "Placing and Conversion of Debt".
For more information, please visit www.ir-plc.com or
contact:
Greg Coleman Independent Resources plc 020 7070 0447
John Treacy ZAI Corporate Finance Ltd. 020 7060 2220
Jamie Spotswood (Nominated Adviser)
Oliver Stansfield Brandon Hill Capital
Jonathan Evans (Broker) 020 3463 5000
Simon Hudson Tavistock Communications 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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