Issue of Equity

Issue of Equity

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RNS Number : 7745V
Alexander Mining PLC
01 February 2017
 

 

 

 

 

Alexander Mining plc

 

(“Alexander” or “the Company”)

 

Issue of Equity  

 

 

The Directors of Alexander announce that it has received an exercise notice regarding 1,769,772 warrants of 0.2p per share.  These warrants were issued pursuant to the Warrant Bonus Issue announced on 20 May 2016.  Accordingly, the directors have issued and allotted 1,769,772 ordinary shares of 0.1p each in the Company. 

 

In addition, Alexander has also issued and allotted 10,000,000 ordinary shares of 0.1p each in the Company following the exercise of broker warrants at 0.1p per share.

 

Application has been made for the 11,769,772 new ordinary shares, which will rank pari passu with the existing ordinary shares of 0.1p each, to be admitted to trading on AIM and it is expected that this will take place on or around 7 February 2017 (“Admission”). 

 

Total Voting Rights

 

Following the Admission the Company’s issued share capital will comprise 953,015,149 ordinary shares with voting rights. The figure of 953,015,149 ordinary shares may therefore 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 under the FCA’s Disclosure and Transparency Rules.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

 

 

Enquiries:

 

Alexander Mining plc




Martin Rosser

Chief Executive Officer

Mobile: +44 (0) 7770 865 341

Matt Sutcliffe

Executive Chairman

Mobile: +44 (0) 7887 930 758



Tel: +44 (0) 20 7078 9566

Email: mail@alexandermining.com

Website: www.alexandermining.com




Northland Capital Partners Limited

 

Matthew Johnson / Gerry Beaney

+44 (0) 20 3861 6625

(Corporate Finance)

John Howes

(Corporate Broking)

 

Turner Pope Investments (TPI) Ltd

           

James Pope / Ben Turner

+44 (0) 20 3621 4120


 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

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