Sirius Minerals Plc Option Exercise (6241S)
09 July 2015 - 9:00PM
UK Regulatory
TIDMSXX
RNS Number : 6241S
Sirius Minerals Plc
09 July 2015
9 July 2015
Sirius Minerals Plc
Option Exercise
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY)
("Sirius" or the "Company") announce the receipt of Exercise
Notices in relation to 1,250,000 share options granted to a former
employee in August 2010 and 25,000 share options granted to the
Company's previous convertible security investor in August
2013.
The Company shall issue and allot 1,250,000 new ordinary shares
of 0.25p per share at an exercise price of 4.5p per share and
25,000 new ordinary shares of 0.25p per share at an exercise price
of 19.5p per share ("Ordinary Shares"), raising a total of
GBP61,125. The monies will be used for general working capital
purposes.
An application has been made for the Ordinary Shares, which will
rank pari passu with the Company's existing ordinary shares, to be
admitted to trading on AIM with admission expected to take place
from 8am on 10 July 2015.
Following the issue of the Ordinary Shares, the Company's issued
share capital will consist of 2,176,276,813 ordinary shares. This
figure may be used by shareholders in the Company as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
For further information, please contact:
Sirius Minerals Plc
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
524 0247
--------------------------- ------------------------------- ---------------
Joint Brokers
Liberum Capital Limited Clayton Bush Tel: +44 20
3100 2222
Macquarie Capital (Europe) Ken Fleming, Tel: +44 20
Limited (NOMAD) Nick Harland, 3037 2000
Nick Stamp
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
--------------------------- ------------------------------- ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 3150
Emily Fenton
--------------------------- ------------------------------- ---------------
Warrant Trading Enquiries
Liberum Capital Limited Simon Smith Tel: +44 20
3100 2171
--------------------------- ------------------------------- ---------------
About Sirius Minerals Plc
Sirius Minerals is the potash development company focused on the
development of the York Potash Project in the United Kingdom, which
has the world's largest and highest grade deposit of polyhalite, a
multi-nutrient form of potash containing potassium, sulphur,
magnesium and calcium. Incorporated in 2003, Sirius Minerals'
shares are traded on the London Stock Exchange's AIM market. Its
shares are also traded in the United States on the OTCQX through a
sponsored ADR facility. Further information on the Company can be
found at: www.siriusminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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