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AXM Alexander Mining Plc

0.0275
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alexander Mining Plc LSE:AXM London Ordinary Share GB00B06K1665 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0275 0.025 0.03 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alexander Mining PLC Issue of Equity (7745V)

01/02/2017 2:20pm

UK Regulatory


Alexander Mining (LSE:AXM)
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TIDMAXM

RNS Number : 7745V

Alexander Mining PLC

01 February 2017

Alexander Mining plc

("Alexander" or "the Company")

Issue of Equity

The Directors of Alexander announce that it has received an exercise notice regarding 1,769,772 warrants of 0.2p per share. These warrants were issued pursuant to the Warrant Bonus Issue announced on 20 May 2016. Accordingly, the directors have issued and allotted 1,769,772 ordinary shares of 0.1p each in the Company.

In addition, Alexander has also issued and allotted 10,000,000 ordinary shares of 0.1p each in the Company following the exercise of broker warrants at 0.1p per share.

Application has been made for the 11,769,772 new ordinary shares, which will rank pari passu with the existing ordinary shares of 0.1p each, to be admitted to trading on AIM and it is expected that this will take place on or around 7 February 2017 ("Admission").

Total Voting Rights

Following the Admission the Company's issued share capital will comprise 953,015,149 ordinary shares with voting rights. The figure of 953,015,149 ordinary shares may therefore 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 under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Enquiries:

 
 Alexander Mining plc 
 
 Martin Rosser                       Matt Sutcliffe 
  Chief Executive Officer             Executive Chairman 
  Mobile: +44 (0) 7770 865            Mobile: +44 (0) 7887 930 
  341                                 758 
 
 Tel: +44 (0) 20 7078 9566 
  Email: mail@alexandermining.com 
  Website: www.alexandermining.com 
 
 Northland Capital Partners 
  Limited 
 
  Matthew Johnson / Gerry 
  Beaney 
  +44 (0) 20 3861 6625 
  (Corporate Finance) 
  John Howes 
  (Corporate Broking) 
 
  Turner Pope Investments 
  (TPI) Ltd 
 
  James Pope / Ben Turner 
  +44 (0) 20 3621 4120 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 01, 2017 09:20 ET (14:20 GMT)

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