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RNS Number : 1122E

Sirius Minerals plc

04 May 2017

4 May 2017

Sirius Minerals Plc

Issue of shares pursuant to convertible bonds

Sirius Minerals Plc ("Sirius" or the "Company") announces that it has received two conversion notices in respect of the US$400 million convertible bonds due 2023 which were issued by Sirius Minerals Finance Limited as part of the Company's stage 1 financing and announced on 3 November 2016 (RNS number 2246O), pursuant to which it will allot and issue 1,300,390 new ordinary shares of GBP0.0025 each (the "Relevant Shares").

An application has been made for the Relevant Shares to be admitted to the premium listing segment of the Official List of the Financial Conduct Authority (the "FCA") and to trading on the London Stock Exchange plc's main market for listed securities, and dealings are expected to commence at 8.00 am on 5 May 2017. The Relevant Shares will rank pari passu in all respects with all existing ordinary shares in the Company.

In accordance with the requirements of the FCA's Disclosure Guidance and Transparency Rules 5.6.1AR and 5.6.2G, the Company confirms that the enlarged share capital of the Company following Admission will be 4,165,814,795 Ordinary Shares in aggregate, each with equal voting rights. No shares are held in treasury. The above figure may be used by shareholders (and others with notification obligations) 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, Sirius Minerals Plc under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

 
 Sirius Minerals Plc   Tristan Pottas                  Tel: +44 845 
  Investor Relations    Email: ir@siriusminerals.com       524 0247 
  Manager 
--------------------  ------------------------------  ------------- 
 Media Enquiries       Jos Simson, Mike                 Tel: +44 20 
  Tavistock             Bartlett,                         7920 3150 
                        Emily Fenton 
--------------------  ------------------------------  -------------

About Sirius Minerals Plc

Sirius Minerals Plc is the fertilizer development company focused on the construction and development of its North Yorkshire polyhalite project in the United Kingdom. It believes the Project represents the world's largest high-grade known deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals Plc's shares are traded on the London Stock Exchange's Main Market. 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

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