6 December 2024
Golden Prospect Precious
Metals Limited
(the
"Company")
Outstanding Subscription
Rights
The Company announced on 4 December
2024 the result of this year's one for five Subscription Right
Exercise for Ordinary Shares (7,745,478 new Ordinary Shares
subscribed for at 35.94 pence) and that a Subscription Trustee had
been appointed to consider the issue of unexercised subscription
rights (9,355,094 new Ordinary Shares not subscribed
for).
Today the Company advises that,
having consulted with Cavendish Capital Markets Limited, the
Company's broker and financial adviser, it has been resolved that
no outstanding subscription rights will be exercised.
Accordingly, the total number of
Ordinary Shares the Company will be issuing under this year's
subscription rights programme is 7,745,478, subject to admission to
trading. Application will be made for the new Ordinary Shares
to be admitted to trading on The International Stock Exchange
("TISE") and to trading on the London Stock Exchange's SETSqx
platform. It is expected that dealings will commence at 8.00
a.m. on 10 December 2024.
Total Voting Rights
For the purposes of the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules
("DTRs"), following Admission the issued ordinary share capital of
the Company will consist of 93,248,499 Ordinary Shares with voting
rights attached. This figure of 93,248,499 may be used by the
Company's shareholders as the denominator for the calculation by
which they will determine whether they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the DTRs.
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Enquiries
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Manulife | CQS Investment Management
Craig Cleland
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+44 (0) 20 7201 5368
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Cavendish Capital Markets Limited
Tunga Chigovanyika (Corporate
Finance)
Daniel Balabanoff / Pauline Tribe
(Sales)
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+44 (0) 20 7397 1915
+44 (0) 20 7720 0500
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Apex Administration (Guernsey) Limited
James Taylor
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+44 (0) 203 5303 600
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Tavistock
Jos Simson / Gareth Tredway / Ruairi
Millar
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+44 (0) 20 7920 3150
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About Golden Prospect Precious Metals
Golden Prospect Precious Metals
Limited is a closed-ended investment company incorporated with
limited liability in Guernsey on 16 October 2006, which was
established to provide a listed entity for investors to gain
exposure to the Company's investment strategy within the gold and
precious metals sector.
For the latest factsheet and other
information, click here.