Altyn Plc Issue of new shares
28 October 2019 - 6:00PM
UK Regulatory
TIDMALTN
28 October 2019
Altyn Plc
("Altyn" or the "Company")
Issue of new shares
The Company is pleased to announce that it will issue 1,158,937
new ordinary shares in settlement of fees to a service provider who
expressed preference to receive payment in shares. The shares will
be issued at a price of 0.5780 pence.
The Company will apply for admission of the new Ordinary Shares
to trading on the Official List of the UK Listing Authority and to
trading on the London Stock Exchange's Main Market for listed
securities ("Admission"). Admission of the new Ordinary shares,
which will rank pari passu in all respects with the existing
Ordinary Shares of the Company, is expected to occur on or around
19 November 2019.
The Company has no Ordinary Shares held in treasury. The total
number of voting rights in the Company following the Conversion
will therefore be 2,569,034,400. This figure 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 in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
Further Information:
For further information please contact:
Altyn Plc
Rajinder Basra
+44 (0) 207 932 2456
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.
Information on the Company
Altyn Plc (LSE:ALTN) is an exploration and development company,
which is listed on the standard segment of the London Stock
Exchange.
To read more about Altyn Plc please visit our website
www.altyn.uk
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191028005189/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
October 28, 2019 03:00 ET (07:00 GMT)
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