Lionsgold Limited Exercise of Warrants and PDMR Shareholding (7962Z)
19 Dicembre 2017 - 12:42PM
UK Regulatory
TIDMLION
RNS Number : 7962Z
Lionsgold Limited
19 December 2017
Lionsgold Limited
("Lionsgold", "LION" or the "Company")
Exercise of Warrants and Director/PDMR Shareholding
Lionsgold (LON: LION), the AIM quoted company focused on the
exploration, production and retail application of physical gold,
including the development of the Goldbloc digital currency,
announces that it has received notices of exercise in respect of
warrants to subscribe for new ordinary shares of no par value each
("Ordinary Shares") at a price per share as listed below (the
"Warrant Shares").
Number of Warrants Exercise Price
16,386,366 1.5p
4,545,454 2.2p
4,000,000 1.2p
The Company will therefore issue and allot 24,931,820 Warrant
Shares for the receipt of GBP393,795. Application will be made for
24,931,820 new Ordinary Shares to be admitted to trading on AIM,
which is expected to take place on 27 December 2017.
In addition to the Warrant Shares set out above, Yarramen Corp
Limited, which is owned by a family trust of Cameron Parry,
Lionsgold's CEO, has exercised warrants to subscribe for 1,500,000
new Ordinary Shares at a price per share of 1.5p, with payment of
GBP22,500 received by LION during the exercise period. The
resulting new Ordinary Shares will only be issued subject to the
passing of the necessary resolutions at the Company's AGM to be
held on 28 December 2017.
Further, Lionsgold's CEO, Cameron Parry, has notified the
Company that he has transferred 7,000,000 Ordinary Shares he
previously held in his own name to Yarramen Corp Limited. Following
this transfer (and not including the warrant exercise subject to
AGM), Mr. Parry is interested in 10,000,000 Ordinary Shares, all of
which are held in the name of Yarramen Corp Limited.
Total Voting Rights
In accordance with the provisions of the Disclosure Guidance and
Transparency Rules of the FCA ("DTRs"), the issued ordinary share
capital of Lionsgold following the issue of the Warrant Shares,
there shall be 320,711,718 Ordinary Shares with voting rights
attached (one vote per share). There are no shares held in
treasury. This total voting rights figure may be used by
shareholders as the denominator for the calculation by which they
will determine whether they are required to notify their interest
in, or a change to their interest in, Lionsgold under the DTRs.
Enquiries:
Lionsgold Limited Tel: +44 (0)20 3778 0578
Cameron Parry (Chief Executive Officer)
WH Ireland Limited (Nominated Adviser) Tel: +44 (0)113 394 6600
Tim Feather/Ed Allsopp
Smaller Company Capital Limited (Joint Broker) Tel: +44 (0)20 3651 2911
Rupert Williams / Jeremy Woodgate
Beaufort Securities Limited (Joint Broker) Tel: +44 (0)20 7382 8300
Elliot Hance
Tavistock (Financial PR) Tel: +44 (0) 20 7920 3150
Edward Lee
About LIONSGOLD Limited (LON: LION)
Lionsgold is a London Stock Exchange AIM market quoted,
gold-focused company involved in the exploration, production and
retail application of physical gold, with gold assets in India and
Finland and a majority owned financial technology company
developing the digital gold currency, Goldbloc.
Lionsgold's three core focuses are:
-- Strategic partnership with leading India gold exploration and
mine development company, Geomysore, in which Lionsgold holds
21.15%;
-- Majority ownership of a financial technology platform
providing online accounts for people to hold and utilise physical
gold (www.goldbloc.com / www.indexgold.com /
www.therealasset.co.uk); and
-- Gold exploration and production in Central Eastern Finland.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 19, 2017 06:42 ET (11:42 GMT)
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