06:21 Tue 15 Dec 2020
W Resources PLC - Warrant Date Extension
W Resources Plc
("W" or the "Company")
Review of Warrants
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in
The review identified approximately 471 million of warrants issued in April and
All other aspects of the warrants are unchanged and are listed below:
| Investor Name | Warrants | Exercise Price | Value | Issued | Initial Expiry | New Expiry |
| Peel Hunt Holdings Ltd | 46,428,572 | | 278,571.43 | | | |
| Trium Capital Managers Ltd | 21,428,572 | | 128,571.43 | | | |
| Jim Nominees Limited | 260,714,284 | | 1,564,285.70 | | | |
| Jim Nominees Limited | 71,428,572 | | 428,571.43 | | | |
| Symmall Pty Limited | 35,714,284 | | 214,285.70 | | | |
| Beronia Investments Pty Ltd | 35,714,284 | | 214,285.70 | | | |
Further to the
| 1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chairman | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | W Resources Plc | |||
| b) | LEI | 213800H66EK87TAOS666 | |||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Warrants to acquire ordinary shares of 0.1p ("Ordinary Shares") at a price of 0.6p per Ordinary Share | |||
| Identification code | For the Ordinary Shares: GB00B0358H47 | ||||
| b) | Nature of the transaction | Extension of warrant expiry date from | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | N/A | 35,714,284 | | |
| | | | | | |
| d) | Aggregated information | | |||
| - Aggregated volume | N/A | ||||
| - Price | | ||||
| e) | Date of the transaction | | |||
| f) | Place of the transaction | Outside a trading venue | |||
Information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
| W Resources Plc | Grant Thornton UK LLP T: +44 (0) 20 7383 5100 |
| Joint Broker Turner Pope Investments (TPI) Ltd T: +44 (0) 203 657 0050 | Joint Broker Alternative Resource Capital / Shard Capital T:+44 (0) 20 7186 9004 T:+44 (0) 20 7186 9952 |
| Alma PR Justine James T: +44 (0) 20 3405 0205 M: +44 (0) 7525 324431 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
FOR OUR FULL DISCLAIMER CLICK HERE
