02:00 Thu 03 Dec 2020
Golden Prospect Prec - Exercise of outstanding Subscription Share Rights
GOLDEN PROSPECT PRECIOUS METALS LIMITED
(the "Company" or "GPM")
(a non-cellular company limited by shares incorporated in
Exercise of outstanding Subscription Share Rights
Golden Prospect Precious Metals Limited announces that further to the announcement on
Following the exercise of all Subscription Share Rights, the Company has raised a total of
Accordingly, the Company announces that it will be issuing and allotting a further 10,336,782 Ordinary Shares, pertaining to the outstanding Subscription Share Rights exercised by the Subscription Trustee, subject to admission to trading. Application will be made for the new Ordinary Shares to be admitted to trading on TISE and dealings on LSE SETSqx. It is expected that dealings in the new Ordinary Shares will commence at
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), following Admission the issued ordinary share capital of the Company will consist of 85,503,021 Ordinary Shares with voting rights attached. The Company does not hold any shares in treasury. This figure of 85,503,021 Ordinary Shares may be used by the Company's 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, the share capital of the Company under the DTRs.
The information contained within this RNS is considered to be inside information prior to its release.
All definitions contained in the announcement of
For more information please contact:
CQS (UK) LLP
finnCap Limited
Corporate Finance:
William Marle / Giles Rolls 020 7220 0500
Sales:
Mark Whitfeld / Pauline Tribe 020 7220 0500
Maitland Administration (Guernsey) Limited
Elaine Smeja 01481 749364
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