Pelican House
Mining plc
(the "Company" or
"Pelican House Mining");
Outcome of General
Meeting; Change of Name;
Share Placing
Unconditional
A general meeting (“General
Meeting”) of the Company, notice of which was posted on
10th December 2018, occurred today at
11.00 a. m. GMT. All resolutions before shareholders were passed
without opposition. The passing as a special resolution of
resolution 5, being the proposed change of name from Pelican House
Mining plc to Sport Capital Group plc, shall result, when the
name-change has been registered with the Registrar of Companies, in
the Company’s being known by its new name. The NEX Exchange Growth
Market ticker symbol for the ordinary shares of 0.1 pence each (“Shares”) in the capital of the
Company shall shortly be changed from “PHM” to “SCG”.
On 6th December 2018, the Company announced a placing
for cash (the “Placing”) of 13,333,333 new Shares (the “Placing
Shares”) together with a like number of warrants, conditional only
upon the General Meeting resolutions’ being approved. The outcome
of the General Meeting means that the Placing has now become
unconditional and, upon allotment of the Placing Shares, the
Company’s issued Share capital shall be £111,322.83 or 111,322,833
Shares (previously £97,989.50 or 97,989,500 Shares).
Following allotment of the Placing
Shares, Eight Capital Partners plc, the NEX Exchange-quoted
investment vehicle, shall be interested in 26,833,333 Shares or
24.10 per cent of the Share capital as enlarged by the Placing
(previously, 13,500,000 Shares or 13.78 per cent) of Pelican House
Mining.
Simon
Grant-Rennick,
Chairman of the Board,
Pelican House Mining plc,
London, 2nd January 2019
Enquiries:
Pelican House Mining plc:
Simon Grant-Rennick
E-mail:
contact@pelicanhousemining.co.uk
/ sgrelk@aol.com
Tel:
+
44 797 325 3124
Keith, Bayley, Rogers & Co. Limited: Graham Atthill-Beck
E-mail:
Graham.Atthill-Beck@kbrl.co.uk
/ blackpearladvisers@gmail.com
Tel:
+44
20 7464 4091
Mob:
+44
750 643 4107; +971 50 856 9408
Brinsley
Holman
E-mail:
Brinsley.Holman@kbrl.co.uk
Tel:
+44 20 7464 4098