Red Rock Resources
PLC
("Red Rock" or the
"Company")
Issue of Shares upon Exercise
of Convertible Loan Notes
Total Voting
Rights
12 February 2024
Red Rock Resources Plc, the natural
resource development company with interests in gold, base metals,
battery metals, and hydrocarbons principally in Africa and
Australia, announces, further to the announcement of the issue of
Convertible Loan Notes on 19 October 2023 ("Notes"), that it has received notice of
conversion of £134,820 of Notes, inclusive of interest, into
211,482,353 ordinary shares at a price (calculated in accordance
with the terms of the Notes) of £0.0006375 per share.
Red Rock Chairman Andrew Bell
comments: "We were grateful for the
support of the buyers of our Convertible Loan Notes last year.
Buyers of our notes who exercise the conversion option, generally
institutional or quasi-institutional or high net worth investors,
have proved a stable and supportive element of our shareholder
base, and we welcome them as
shareholders".
Admission to Trading on AIM and Total Voting
Rights
Application is being made for
211,482,353 Shares to be admitted to trading on AIM, the admission
of which it is expected on or around 16 February 2024.
In accordance with the provision of
the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority, the Company confirms that, following the issue
of the Shares, its issued ordinary share capital will comprise
3,548,246,811 ordinary shares.
All of the ordinary shares have
equal voting rights and none of the ordinary shares are held
in Treasury. The total number of voting rights in the Company
will therefore be
3,548,246,811. The
above figure may be used by shareholders as the denominator for the
calculations to determine if they are required to notify their
interests in, or change to their interest in, the
Company.
For
further information, please contact:
Andrew Bell 0207 747
9990
Chairman Red Rock Resources
Plc
Roland Cornish/ Rosalind Hill Abrahams
0207 628
3396
NOMAD Beaumont Cornish
Limited
Bob
Roberts 0203
8696081
Broker Clear Capital
Corporate Broking
This announcement contains
inside information for the purposes of Article 7 of Regulation
2014/596/EU, which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) regulations (SI
2019/310) and is disclosed in
accordance with the Company's obligations under Article
17.
Beaumont Cornish Limited ("Beaumont
Cornish") is the Company's Nominated Adviser and is authorised and
regulated by the FCA. Beaumont Cornish's responsibilities as the
Company's Nominated Adviser, including a responsibility to advise
and guide the Company on its responsibilities under the AIM Rules
for Companies and AIM Rules for Nominated Advisers, are owed solely
to the London Stock Exchange. Beaumont Cornish is not acting for
and will not be responsible to any other persons for providing
protections afforded to customers of Beaumont Cornish nor for
advising them in relation to the proposed arrangements described in
this announcement or any matter referred to in it.
