Stratmin Global Resources PLC Issue of Shares (5764D)
March 31 2014 - 5:53AM
UK Regulatory
TIDMSTGR
RNS Number : 5764D
Stratmin Global Resources PLC
31 March 2014
31 March 2014
Stratmin Global Resources Plc
('Stratmin' or the 'Company')
Issue of Shares
Stratmin (AIM: STGR), the graphite production and exploration
company with assets in Madagascar, announces that it has today
issued 1,490,890 new ordinary shares of 4p each ("Ordinary Shares")
to certain directors of the Company in lieu of unpaid salary and
fees.
The table below sets out the new Ordinary Shares to be issued to
those directors and their aggregate shareholdings, as well as any
derivative holdings, in the Company following this issue:
Total shareholding
as a %
of issued
Total shareholding share capital
Number following following Total option
of new the issue the issue / warrant
Ordinary of the of the holding
Shares new Ordinary new Ordinary in the
Director to be issued Shares Shares Company
------------------ -------------- ------------------- ------------------- -------------
Jeffrey
Marvin 916,667 916,667 0.91% 479,040
David Premraj 305,556 305,556 0.30% nil
Manoli Yannaghas 268,667 306,167 0.30% 2,250,000
In addition, the Company has issued a total of 1,480,529 new
Ordinary Shares to certain consultants and contractors, including
former Non-Executive Chairman Gobind Sahney, in respect of services
provided to the Company and to satisfy certain other existing
commitments.
Application has been made to the London Stock Exchange for
admission of the new Ordinary Shares to trading on AIM and it is
expected that Admission will take place and that trading will
commence on AIM on or around 4 April 2014. Following admission of
the new Ordinary Shares, the Company will have a total of
100,669,953 ordinary shares of 4p each in issue with each share
carrying the right to one vote.
Total Voting Rights
The Company has no Ordinary Shares held in treasury. The
aforementioned total number of voting rights in the Company
following the issue of the new Ordinary Shares will therefore be
100,669,953. 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 under
the FCA's Disclosure and Transparency Rules.
For further information please visit www.stratminglobal.com or
contact:
Stratmin Global Resources Plc
Manoli Yannaghas (Managing Director) +44 (0) 20 7467 1700
Strand Hanson Limited (Nominated Adviser)
James Spinney / Ritchie Balmer +44 (0) 20 7409 3494
Hume Capital Securities plc (Broker)
Jon Belliss / Abigail Wayne +44 (0) 20 3693 1470
Blytheweigh(Financial PR)
Tim Blythe / Halimah Hussain / Camilla Horsfall +44 (0) 20 7138
3204
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLIFEAVLILVIS
Stratmin Global (LSE:STGR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Stratmin Global (LSE:STGR)
Historical Stock Chart
From Jul 2023 to Jul 2024