Holding(s) in Company
11 April 2012 - 7:33PM
UK Regulatory
TIDMHMB
Hambledon Mining plc ("Hambledon" or the "Company")
Equity investment by the European Bank for Reconstruction and
Development ("EBRD")
11 April 2012
Further to the announcement made on 5 April 2012, the Company
announces that it has received payment of US$3 million from EBRD
under the Subscription Agreement between the Company and EBRD.
As a result, 58,794,708 new ordinary shares will be allotted and
issued to EBRD. Application has been made to admit these shares to
trading on AIM and it is expected that admission will occur at 8.00
am on 17 April 2012.
Following admission, EBRD will hold 58,794,708 ordinary shares
in the Company representing 6.00% of the Company's then issued
share capital.
Total Voting Rights
The new ordinary shares will rank pari passu with the existing
shares of the Company. Following the issue of Shares to EBRD, the
total issued share capital of the Company will increase to
979,721,513 ordinary shares with voting rights. The Company holds
no shares in treasury, therefore the total number of voting rights
in the Company will be 979,721,513.
This figure of 979,721,513 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 of their interest in, the share capital of
the Company under the FSA's Disclosure and Transparency Rules.
Enquiries:
HAMBLEDON MINING:Telephone +44 (0)207 233 1462Charles Zorab
FAIRFAX I.S. PLC (NOMAD AND BROKER):Telephone +44 (0)207 598
5368Ewan Leggat/Katy Birkin
TAVISTOCK COMMUNICATIONS:Telephone +44 (0)207 920 3150Ed
Portman/Jos Simson
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