Scotgold Resources Ltd Issue of Equity (2690B)
September 19 2018 - 6:13AM
UK Regulatory
TIDMSGZ
RNS Number : 2690B
Scotgold Resources Ltd
19 September 2018
Scotgold Resources Limited
19 September 2018
Scotgold Resources Limited
("Scotgold" or the "Company)
Confirmation of issued share Capital
Conversion of Options and Issue of Equity
It has come to the Company's attention that 225 depositary
interests of no par value in the Company, which were to be admitted
to trading pursuant to the share consolidation undertaken by the
Company and announced by it on 25 August 2017 ("Depositary
Interest"), had not been admitted to trading on AIM. Accordingly,
the Company has applied for the Depositary Interest to be admitted
to trading on AIM with such admission due to take place at 8.00
a.m. on or around 25 September 2018.
The admission of the Depositary Interest does not change any of
the Company's previous announcements of the total number of
depositary interests or voting rights in issue.
The Company also announces that 331 fully paid ordinary Scotgold
shares ("Option Shares") were issued by the Company on 05 June 2018
on conversion of 331 options exercisable at GBP0.40 on or before 31
December 2019.
Application has been made for the 331 Option Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on or around 25 September 2018.
Following Admission, the Company's enlarged issued share capital
will therefore comprise 42,911,585 ordinary shares with voting
rights. The Company does not hold any shares in treasury, therefore
the total number of shares in the Company with voting rights will
be 42,911,585. This figure may 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.
For further information please contact:
For further information -
Scotgold Resources Limited Tel: +44 (0)1838 400
Richard Gray 306
SP Angel Corporate Finance Tel +44 (0) 20 3470
LLP 0470
Nomad and Joint Broker
Ewan Leggat / Charlie
Bouverat
Smaller Company Capital Tel: +44 (0)20 3651
Ltd 2911
Joint Broker
Rupert Williams
Capital Markets Consultants Tel: +44(0)7703 167 065
Financial PR
Simon Rothschild
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOESFUFSUFASESU
(END) Dow Jones Newswires
September 19, 2018 06:13 ET (10:13 GMT)
Scotgold Resources (LSE:SGZ)
Historical Stock Chart
From Jul 2024 to Aug 2024
Scotgold Resources (LSE:SGZ)
Historical Stock Chart
From Aug 2023 to Aug 2024