Pembridge Resources plc Result of GM, Placing and Official List Admission (4294O)
18 August 2017 - 9:03PM
UK Regulatory
TIDMPERE
RNS Number : 4294O
Pembridge Resources plc
18 August 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE
UNITED STATES OR ANY SUCH JURISDICTION IN WHICH SUCH PUBLICATION OR
DISTRIBUTION IS PROHIBITED
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
18 August 2017
Pembridge Resources plc
("Pembridge" or the "Company")
Result of General Meeting, Placing and Admission to the Standard
Segment of the Official List
Following the announcement by the Company on 21 July 2017 in
connection with the conditional placing, subscription, AIM listing
cancellation and proposed application for admission to the standard
segment of the Official List, the Company is pleased to announce
that all of the Resolutions proposed at the General Meeting held
earlier today were duly passed. The results of proxies votes
received has been published on the Company's website at
https://www.pembridgeresources.com/investors/agm-results.
Pembridge announces that it has raised an aggregate of GBP2.27
million (before expenses) via the issue of 142,006,062 New Ordinary
Shares through a placing and subscription at 1.6 pence per new
Ordinary Share. The Company's Ordinary Shares will be de-listed
from trading on AIM at 7am on 21 August 2017 and will commence
trading on the Standard Segment of the Official List of the London
Stock Exchange at 8am on 21 August 2017.
Commenting on today's events, David Linsley, CEO said: "Our
transition from AIM to a standard listing on the London Stock
Exchange has been delivered seamlessly and on time by our legal
advisors. We are now in a position to fully exploit our stated aims
to build a portfolio of compelling investments with our uniquely
qualified team. In the coming weeks we will be stepping-up our due
diligence efforts on a range of previously identified projects.
While commodity markets have strengthened we still see significant
opportunities to exploit our strategy and look forward to
delivering significant value to our shareholders."
The Company's shares will continue to be registered with their
existing ISIN number GB00B3ZW6Z85 and SEDOL number B3ZW6Z8. The
Company's TIDM code on the London Stock Exchange will continue to
be PERE. In accordance with the Financial Conduct Authority's (FCA)
Disclosure Guidance and Transparency Rule 5.6.1R, Pembridge
Resources plc notifies the market that as of 21 August 2017,
Pembridge Resources plc's issued share capital consists of
223,849,257 ordinary shares with voting rights.
There are no ordinary shares held in Treasury.
The above figure (223,849,257) may be used by shareholders (and
others with notification obligations) as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in,
Pembridge Resources plc under the FCA's Disclosure Guidance and
Transparency Rules.
Existing shareholders need take no further action to maintain
their existing holdings.
For further information please contact:
Pembridge Resources PLC T: +44 (0)203 778 0655
David Linsley, Chief Executive Officer
SPARK Advisory Partners - Nominated Adviser T: +44 (0) 2033 683 555
Sean Wyndham-Quin www.sparkadvisorypartners.com
Neil Baldwin
SI Capital Limited - Joint Broker T: +44 (0) 1483 413 500
Nick Emerson
Andy Thacker
Beaufort Securities Limited - Joint Broker T: +44 (0) 207 382 8300
Zoe Alexander
This information is provided by RNS
The company news service from the London Stock Exchange
END
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