Bezant Resources PLC Issue of Shares and TVR (9973S)
10 November 2023 - 6:00PM
UK Regulatory
TIDMBZT
RNS Number : 9973S
Bezant Resources PLC
10 November 2023
10 November 2023
Bezant Resources Plc
("Bezant" or the "Company")
Issue of shares and TVR
Bezant (AIM: BZT), the AIM quoted copper-gold exploration and
development company, announces that in accordance with the
authority granted at its Annual General Meeting on 28 July 2023 it
is issuing 44,056,553 new Ordinary Shares of 0.002p each (the
"Consultancy Fee Shares") at the VWAP of the Bezant share price
during the periods during which the consultancy fees accrued to
settle GBP20,700 of consultancy fees at an average VWAP of 0.047
pence per Ordinary Share as per the table below:
Application to trading on AIM : Application will be made to the
London Stock Exchange for the Consultancy Fee Shares, which when
issued will rank pari passu with the existing Ordinary Shares in
issue to be admitted to trading on AIM (the "Admission"). It is
expected that Admission will become effective and that dealings in
the Consultancy Fee Shares will commence at 8.00 a.m. on or around
16 November 2023.
Issued Share Capital : Following the issue of the Consultancy
Fee Shares, the Company's total issued share capital will consist
of 7,682,029,589 Ordinary Shares with voting rights. The Company
does not hold any Ordinary Shares in treasury and accordingly there
are no voting rights in respect of any treasury shares.
Total Voting Rights: On Admission, the above mentioned figure of
7,682,029,589 Ordinary Shares 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 to their interest in, Bezant under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Bezant Resources PLC
Colin Bird, Executive Chairman +44 (0) 20 3416 3695
Beaumont Cornish Limited - Nomad
Roland Cornish/Asia Szusciak +44 (0) 20 7628 3396
Novum Securities Limited - Joint
Broker
Jon Belliss +44 (0) 20 7399 9400
Shard Capital Partners LLP - Joint
Broker
Damon Heath +44 (0) 20 7186 9952
or visit https://www.bezantresources.com/
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").
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END
IOEFSAFMUEDSEDF
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