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FCR Ferrum Crescent

0.0725
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ferrum Crescent LSE:FCR London Ordinary Share AU000000FCR2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0725 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ferrum Crescent Ltd Exercise of Options and Issue of Equity (9697P)

24/11/2016 7:00am

UK Regulatory


Ferrum Crescent (LSE:FCR)
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TIDMFCR

RNS Number : 9697P

Ferrum Crescent Ltd

24 November 2016

24 November 2016

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group")(ASX, AIM, JSE: FCR)

Exercise of Options and Issue of Equity

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that it is issuing 769,231 new ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") as a result of the exercise of, in aggregate, 769,231 options exercisable at a price of 0.165 pence per share (the "Option Shares"). Such options were granted in connection with the Company's placing and subscription announced on 27 April 2016.

Application will be made for quotation of the Option Shares on the Australian Securities Exchange and the JSE Limited, and has been made to the London Stock Exchange plc for admission to trading on AIM ("Admission"). It is expected that Admission of the Option Shares will become effective and that dealings in the Option Shares will commence on AIM at 8.00 a.m. on 25 November 2016. The Option Shares will be fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares. Following the issue of the Option Shares, the total issued ordinary share capital of the Company will comprise 1,869,402,153 Ordinary Shares.

For further information on the Company, please visit www.ferrumcrescent.com or contact:

Ferrum Crescent Limited

Justin Tooth, Executive Chairman

Grant Button, Company Secretary

T: +61 8 9474 2995

UK enquiries:

Laurence Read (UK representative)

T: +44 7557 672 432

Strand Hanson Limited (Nominated Adviser)

Rory Murphy/Matthew Chandler

T: +44 (0)20 7409 3494

Beaufort Securities Limited (Broker)

Elliot Hance

T: +44 (0)20 7382 8300

Bravura Capital (Pty) Ltd (JSE Sponsor)

Doné Hattingh

T (direct): +27 11 459 5037

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGGRGGUPQGCW

(END) Dow Jones Newswires

November 24, 2016 02:00 ET (07:00 GMT)

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