Herencia Resources PLC Issue of Equity (5086K)
10 July 2017 - 4:00PM
UK Regulatory
TIDMHER
RNS Number : 5086K
Herencia Resources PLC
10 July 2017
Herencia Resources plc
("Herencia" or the "Company")
Issue of Equity
Herencia (AIM: HER) announces that Oriental Darius Co., Ltd
("Darius") exercised its right to convert $120,000 of convertible
loan notes into shares at an exercise price of GBP0.0001
("Conversion"). Pursuant to the Conversion, 943,396,226 ordinary
shares of 0.01p each ("New Ordinary Shares") have been issued and
are to be admitted to trading on AIM.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM (the "Admission"), and dealings in the
new Ordinary Shares are expected to commence on or around 13 July
2017.
Following the issue of the New Ordinary Shares of the Conversion
the total number of Ordinary Shares in issue is 7,156,426,961.
There are no Ordinary Shares held in treasury. Therefore, the total
number of voting rights in the Company is 8,099,823,187. 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 to their
interest under the Disclosure and Transparency Rules.
Notification of Interest
Following the date of admission of the New Ordinary Shares
Darius have confirmed they hold 1,703,792,008 Ordinary Shares,
representing 21.03% of the Company's enlarged issue share
capital.
For further information please contact:
Peter Reeve, Herencia Resources plc +61 3 9516 6500
Jeff Williams, Herencia Resources plc +61 3 9516 6500
Katy Mitchell/James Sinclair-Ford, WH Ireland Limited (NOMAD) +44 161 832 2174
Jon Belliss, Beaufort Securities Limited (UK) +44 207 382
8300
Further background details on the Company can be found at
www.herenciaresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
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