Tri-Star Resources PLC Director's Dealing, Issue of Equity and TVR (6034T)
July 21 2015 - 2:31AM
UK Regulatory
TIDMTSTR
RNS Number : 6034T
Tri-Star Resources PLC
21 July 2015
Tri-Star Resources plc ("Tri-Star" or the "Company")
Director's Dealing, Issue of Equity and Total Voting Rights
21 July 2015
Tri-Star announces that the Company has allotted to Guy Eastaugh
1,366,357 ordinary shares of 0.005p each in the Company ("Ordinary
Shares") at 0.126 pence per share for the quarter ended 30 June
2015 (the "Fee Shares") pursuant to the terms of his remuneration
arrangements agreed at the time of his appointment as Chief
Financial Officer in June 2014.
Application has been made to the London Stock Exchange for the
Fee Shares to be admitted to trading on AIM (the "First
Admission"), and it is expected that First Admission will occur on
or around 27 July 2015.
Following the issue of the Fee Shares, Mr Eastaugh will hold
8,061,600 Ordinary Shares representing 0.12 per cent. of the
Company's issued share capital following First Admission.
Total Voting Rights
For the purposes of the FCA's Disclosure and Transparency Rules,
the Company advises that the total number of shares in issue and
total voting rights following First Admission will be 6,952,611,033
Ordinary Shares.
Tri-Star does not currently hold any shares in treasury and,
therefore, the above figure may be used by shareholders 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.
Antimony Roaster Financing
On 20 July 2015, the Company announced details of a conditional
Placing, Subscription and the issue of Loan Notes to raise GBP3.5
million (together, the "Fundraising"). The Circular detailing the
Fundraising and including a Notice of General Meeting has been
posted to shareholders and is now available for download from the
Company's website www.tri-starresources.com.
The Fundraising is conditional on the passing of the Resolutions
at the General Meeting.
Application will be made to the London Stock Exchange for the
New Ordinary Shares (being the Placing Shares and the Subscription
Shares) to be admitted to trading on AIM. It is expected that such
Second Admission will become effective and that dealings will
commence at 8.00 a.m. on 6 August 2015.
Following Second Admission, the Company will have 8,452,611,033
Ordinary Shares in issue.
The Director's shareholdings and respective percentage holdings
as set out in the announcement and the Circular dated 20 July 2015
remain the same (other than Guy Eastaugh's whose shareholding will
represent 0.10% of the Company's issued share capital following
Second Admission).
Enquiries:
Tri-Star Resources Plc
Emin Eyi, Managing Director Tel: +44 (0)
Guy Eastaugh, Chief Financial 20 3470 0470
Officer
SP Angel Corporate Finance
(Nomad and Broker) Tel: +44 (0)
Robert Wooldridge / Katy Birkin 20 3470 0470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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