Exercise of Options & Issue of Equity (1250U)
16 December 2011 - 7:19PM
UK Regulatory
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RNS Number : 1250U
Medusa Mining Limited
16 December 2011
16 December 2011
Medusa Mining Limited
Exercise of Options and Issue of Equity
Medusa Mining Limited ("Medusa Mining" or "the Company")
announces that, pursuant to the exercise of unlisted options by an
option holder, it has today issued 66,000 ordinary shares of nil
par value. The options were exercised at a price of A$1.25 per
share.
Application will be made to the UK Listing Authority and to the
London Stock Exchange for 66,000 ordinary shares of nil par value
to be admitted to the Official List and to trading on the Main
Market of the London Stock Exchange. It is expected that dealings
will commence on or around 19 December 2011.
The new ordinary shares will rank pari passu in all respects
with the existing ordinary shares and, following admission, the
Company's increased share capital will comprise 188,903,911
ordinary shares with voting rights. Therefore, the total number of
voting rights in the Company will be 188,903,911.
The total number of voting rights may be used by shareholders 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, the Company under the Financial Service
Authority's Disclosure and Transparency Rules.
For further information, please contact:
Australia
Medusa Mining Limited +61 8 9367 0601
Geoffrey Davis, Chairman
Peter Hepburn-Brown,
Managing Director
United Kingdom
Fairfax I.S. PLC +44 (0)20 7598 5368
Financial Adviser and
Broker
Ewan Leggat/Laura Littley
This information is provided by RNS
The company news service from the London Stock Exchange
END
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