ASA Resource Group PLC Sub-division of share capital (9782M)

TIDMASA

RNS Number : 9782M

ASA Resource Group PLC

19 October 2016

19 October 2016

Asa Resource Group plc

("Asa Resource", "the Group" or "the Company")

Sub-division of share capital

Further to the announcement dated 27 September 2016, Asa Resource Group PLC confirms that the resolution to effect a subdivision of the ordinary share capital of the Company was passed. Accordingly, each of the 1,690,145,443 ordinary shares of 1p each in the capital of the Company will be subdivided into and re-designated as 1,690,145,443 ordinary shares of 0.1p each and 1,690,145,443 deferred shares of 0.9p each, subject to the existing Articles of Association.

The deferred shares will have no significant rights attaching to them and carry no right to vote or participate in distribution of surplus assets.

The effective time and date of the sub-division of the ordinary shares will be 8.00am on 21 October 2016.

For more information please visit http://www.asaukplc.com/ or contact us below:

London

Asa Resource Group plc.

One Fleet Place, London EC4M 7W

Ian B Dearing, Group General Counsel and Company Secretary

Niall Henry, non-Executive Director (Investor Relations)

[e-mail]

Hong Kong

Yim Kwan, Finance Director

Asa Resource Group plc.

Units 509-510, Level 5, Core E, Cyberport 3, 100 Cyberport Road, Hong Kong

[e-mail]

Nominated Adviser and Joint Broker

SP Angel Corporate Finance LLP

Prince Frederick House, 35-39 Maddox Street, London W1S 2PP

John Mackay, Jeff Keating, Caroline Rowe

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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October 19, 2016 10:10 ET (14:10 GMT)