Galileo Resources PLC Exercise of Warrants, Total Voting Rights (5726Y)
May 13 2021 - 8:03AM
UK Regulatory
TIDMGLR
RNS Number : 5726Y
Galileo Resources PLC
13 May 2021
For immediate release
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
13 May 2021
Galileo Resources Plc
("Galileo" or "the Company")
Exercise of Warrants
Galileo Resources plc ("Galileo "or the "Company") confirms that
it has issued a total of 250,000 fully paid ordinary shares in the
Company (the "New Ordinary Shares") at a price of 0.6p per share
pursuant to the exercise of warrants in terms of the Placing
Agreement dated 17 October 2019 (RNS announced 18 October 2019) and
150,000 fully paid ordinary shares in the Company at a price of
1.25p per share in terms of Placing Agreement dated 31 May 2020
(RNS announced 01 June 2020). Application will be made for
admission of the 400,000 New Ordinary Shares to trading on AIM
("Admission"), with Admission expected to occur on around 19 May
2021.
Following the issue of the New Ordinary Shares, which rank pari
passu to the existing ordinary shares in the Company, the Company
has 912,876,317 ordinary shares in issue, all of which have voting
rights. Shareholders in the Company may use this figure as the
denominator for the calculation, by which they would determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
You can also follow Galileo on Twitter: @GalileoResource
For further information, please contact: Galileo Resources
PLC
Colin Bird, Chairman Tel +44 (0) 20 7581
Edward Slowey, Executive Director 4477
Tel +353 (1) 601 4466
Beaumont Cornish Limited - Nomad Tel +44 (0) 20 7628
Roland Cornish/James Biddle 3396
------------------------
Novum Securities Limited - Joint
Broker
Colin Rowbury /Jon Belliss +44 (0) 20 7399 9400
------------------------
Shard Capital Partners LLP - Tel +44 (0) 20 7186
J oint Broker 9952
Damon Heath
------------------------
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END
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