Vast Resources plc Issue Of Equity & Total Voting Rights
23 April 2021 - 4:00PM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
23 April 2021
Vast Resources plc
('Vast' or the 'Company')
Issue of Equity
Total Voting Rights
Further to the announcement of 20 April 2021, and the Proposed Capital
Reorganisation, the Company now announces the issue of 98 ordinary
shares of 0.1p each at 0.1p per share in the Company (the "Shares") in
order that the total number of ordinary shares in issue is exactly
divisible by 100, thus enabling the Capital Reorganisation to be
effected.
Application is being made for the Shares, which will rank pari passu
with all other existing ordinary shares, to be admitted to trading on
AIM ("Admission"). Admission is expected on or around 29 April 2021.
At Admission, the Company's issued share capital is expected to consist
of 21,300,489,500 ordinary shares with a nominal value of 0.1p each,
with voting rights ("Ordinary Shares"). The Company does not hold any
Ordinary Shares in Treasury and accordingly the total number of Ordinary
Shares with voting rights is expected to be 21,300,489,500.
Subject to the Resolution put to the General Meeting on 5 May 2021
relating to the Capital Reorganisation being approved, application has
also been made for the resultant expected entire issued share capital
comprising 213,004,895 new ordinary shares with a nominal value of 0.1p
each in their consolidated form (the "New Ordinary Shares") to be
admitted to trading on AIM ("New Ordinary Shares Admission"). Subject as
aforesaid, the New Ordinary Shares Admission would take place at 08.00
on 6 May 2021.
**ENDS**
For further information, visit
https://www.globenewswire.com/Tracker?data=w-aXtK9itMkIPe3YKOIy9Ip7431gMdLfzT1gB7-HzaSuav0Lz3vkscGyimec1oa1rW9Znkdsa_6jK04u3P9usw==
www.vastplc.com, follow the Company on Twitter @vast_resources and
LinkedIn, or please contact:
Vast Resources plc www.vastplc.com
Andrew Prelea -- CEO +44 (0) 20 7846 0974
Andrew Hall -- CCO
Beaumont Cornish - Financial & Nominated Adviser www.beaumontcornish.com
Roland Cornish +44 (0) 20 7628 3396
James Biddle
SP Angel Corporate Finance LLP -- Joint Broker www.spangel.co.uk
Richard Morrison +44 (0) 20 3470 0470
Caroline Rowe
Axis Capital Markets Limited -- Joint Broker www.axcap247.com
Richard Hutchison +44 (0) 20 3206 0320
St Brides Partners Limted www.stbridespartners.co.uk
Susie Geliher +44 (0) 20 7236 1177
(END) Dow Jones Newswires
April 23, 2021 02:00 ET (06:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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