Issue of Equity
April 26 2006 - 4:52AM
UK Regulatory
Central China Goldfields plc (the 'Company')
Exercise of Warrants
26 April 2006
Central China Goldfields plc (the 'Company') announces that it has received
applications to exercise 10,090,975 warrants, at an exercise price of 8p per
share.
These shares will be issued and allotted and they will rank pari passu with the
existing Ordinary Shares of 1p each in the Company. Trading of these shares on
AIM is expected to commence on 3 May 2006.
The total number of shares in issue following this exercise of warrants will be
68,645,656.
The total number of tradeable warrants (AIM:GGGW) in issue following this
exercise of warrants is 16,277,344.
The total number of 10p warrants exercisable up to 30 April 2007 is 7,651,328.
The total number of 8p warrants (not tradeable, not piggy back) exercisable up
to 30 April 2006 is 2,087,500.
Included in the above is the exercise of 201,099 warrants by Dr. Malaihollo and
his family. Pursuant to this the interest of Dr. Malaihollo amounts to 981,965
shares representing 1.43% of the issued capital. In addition, Dr. Malaihollo's
interest also includes 100,549 warrants exercisable at 10p until 30 April 2007,
75,000 warrants exercisable at 10p until 30 April 2010 and 1,000,000 options
exercisable at 6p until 13 March 2010.
For further information, please contact:
Central China Goldfields plc Nominated Advisor:
Dr. Jeffrey Malaihollo Ruegg & Co Limited
Tel: 020 7621-0200 Brett Miller
Email: info@ccgoldfields.com Tel: 020 7584-3663
www.ccgoldfields.com
Public Relations: Brokers:
Parkgreen Communications Westhouse Securities LLP
Victoria Thomas / Justine Howarth Richard Morrison / Cailey Barker
Tel: 020 7493-3713 Tel: 020 7601 6100
King & Shaxson Capital Limited
Nick Bealer
Tel: 020 7426-5986
END
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