Scotgold Resources Ltd Conversion of Options and Issue of Equity (9558V)
09 November 2017 - 2:15AM
UK Regulatory
TIDMSGZ
RNS Number : 9558V
Scotgold Resources Ltd
08 November 2017
8 November 2017
Scotgold Resources Limited
Conversion of Options and Issue of Equity
Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the
"Company") announces that, further to the Company's announcement on
2 October 2017, an additional 1,575 fully paid ordinary Scotgold
shares ("Option Shares") have been issued on conversion of options
exercisable at GBP1.00 on or before 30 September 2017. The issuance
of the additional 1,575 Option Shares has been delayed whilst the
necessary documentation was in transit.
Application has been made for the 1,575 Option Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on 13 November 2017.
Following Admission, the Company's enlarged issued share capital
will comprise 15,938,909 ordinary shares with voting rights. The
Company does not hold any shares in treasury, therefore the total
number of shares in the Company with voting rights will be 15,
938,909. 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 in
their interest in, the share capital of the Company.
For further information please contact:
Scotgold Resources Stockdale Securities Capital Markets Smaller Company
Limited Limited Consultants Capital
Ltd
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Richard Gray Robert Finlay/ Simon Rothschild Rupert Williams
- CEO Ed Thomas
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Tel: +44 (0)1838 Tel: +44 (0)20 Tel +44 (0)7703 Tel: +44 (0)20
400 306 7601 6100 167 065 3651 2911
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This information is provided by RNS
The company news service from the London Stock Exchange
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