Regency Mines PLC Partial Release of Lock-in (3867C)
07 Febbraio 2020 - 3:54PM
UK Regulatory
TIDMRGM
RNS Number : 3867C
Regency Mines PLC
07 February 2020
Regency Mines PLC
("Regency" or the "Company")
Partial Release of Existing Lock In Agreement
Red Rock New Lock-In Agreement
07 February 2020
Regency Mines Plc (LON: RGM) the battery metals and flexible
grid solutions company announces the partial waiver of an existing
lock-in agreement over 7,789,091 shares to enable a block trade to
new investors and the lock-in of all remaining shares currently
held by Red Rock Resources Plc.
Partial Lock-In Release
The Company has agreed to partially release an existing lock-in
agreement with YA PN II Ltd and Riverfort Global Capital in the
Company's shares involving 7,789,091 shares, to facilitate a
transaction by which these shares have been placed with new
investors. The balance of 18,174,545 shares held by YA PN II Ltd
and Riverfort Global Capital will remain bound by the existing
provisions of the lock-in agreement and are therefore not available
to trade until June 2020.
Red Rock Lock-In Agreement
Regency has executed a lock-in agreement with Red Rock Resources
Plc ("RRR") covering the entire position (3,383,633 shares)
currently held by RRR. Under the terms of this agreement 100% of
these shares will be locked in through March 2020, 70% will be
locked up through June 2020 and 40% of the total will be locked in
through December 2020, at which time the agreement will expire.
For further information, please contact:
Scott Kaintz 020 7747 9960 Director Regency Mines Plc
Roland Cornish/ Rosalind Hill Abrahams 020 7628 3396 NOMAD Beaumont Cornish Limited
Jason Robertson 020 7374 2212 Broker First Equity Limited
This announcement contains inside information under Article 7 of
Regulation (EU) 596/2014.
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
AGRFLFESFFIDIII
(END) Dow Jones Newswires
February 07, 2020 09:54 ET (14:54 GMT)
Grafico Azioni Corcel (LSE:CRCL)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Corcel (LSE:CRCL)
Storico
Da Apr 2023 a Apr 2024