Scotgold Resources Ltd Issue of Equity (1145C)
05 Febbraio 2020 - 5:37PM
UK Regulatory
TIDMSGZ
RNS Number : 1145C
Scotgold Resources Ltd
05 February 2020
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
5 February 2020
Scotgold Resources Limited
("Scotgold" or the "Company")
Issue of Equity
Scotgold Resources Limited (AIM: SGZ) announces that 2,856 fully
paid ordinary Scotgold shares ("Option Shares") have been issued on
conversion of options exercisable at GBP0.40 on or before 31
December 2019. Notices of exercise for these options were received
prior to expiry on 31 December 2019, however issue was delayed
whilst further information was sought from the option holders to
enable issue.
Application for Admission
Application will be made for the 2,856 Option Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on or around 11 February 2020.
Total Voting Rights
Following Admission, the Company's enlarged issued share capital
will comprise 51,351,733 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
51,351,733. 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:
Scotgold Resources Limited Tel: +44 (0)1838 400
Richard Gray 306
SP Angel Corporate Finance Tel: +44 (0)20 3470
LLP 0470
Nomad and Broker
Ewan Leggat / Charlie Bouverat
Capital Markets Consultants Tel: +44 (0) 7703 167
Financial PR 065
Simon Rothschild
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END
IOESSIFMIESSEDE
(END) Dow Jones Newswires
February 05, 2020 11:37 ET (16:37 GMT)
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