We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Firestone Diamonds Plc | LSE:FDI | London | Ordinary Share | GB00BKX59Y86 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.20 | 0.15 | 0.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFDI
RNS Number : 0776C
Firestone Diamonds PLC
10 April 2017
10 April 2017
Firestone Diamonds plc
("Firestone" or the "Company") (AIM: FDI)
Issue of shares
Firestone Diamonds plc, the AIM-quoted diamond mining company, announces that, in accordance with the terms of the US$30.0 million Eurobond debt facility ("Eurobonds"), it has opted to issue, in aggregate, 1,027,840 new ordinary shares of 1 pence each ("Ordinary Shares") in respect of the quarterly interest due on the Eurobonds, for the quarter ended 31 March 2017. As at 31 March 2017, Eurobonds amounting to US$30.0 million had been issued.
Accordingly, the Company will issue, in aggregate, 513,920 new Ordinary Shares to Pacific Road Resources Fund II L.P. and Pacific Road Resources Fund II (together "Pacific Road") and 513,920 new Ordinary Shares to Resource Capital Fund VI L.P. ("RCF") in respect of the interest due on the Eurobonds, for the quarter ended 31 March 2017.
Application has been made to the London Stock Exchange plc for the new Ordinary Shares to be admitted to trading on AIM. Admission and dealings in the new Ordinary Shares is expected to commence at 8.00 a.m. on 18 April 2017. On Admission, the Company will have 316,915,212 Ordinary Shares in issue.
The Company does not currently hold any Ordinary Shares in treasury. Accordingly, the above figure of 316,915,212 may be used by shareholders 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 Financial Conduct Authority's Disclosure and Transparency Rules.
Following the issue of the new Ordinary Shares, Pacific Road and RCF will be interested in 75,088,770 and 75,127,402 Ordinary Shares respectively, representing approximately 23.69% and 23.71% respectively of the Company's issued share capital.
For more information contact:
+44 (0)20 8741 Firestone Diamonds plc 7810 Stuart Brown +44 (0)20 7409 Strand Hanson Limited (Nomad) 3494 Stuart Faulkner Richard Tulloch James Dance Macquarie Capital (Europe) Limited (Joint Broker) Raj Khatri +44 (0)20 3037 Nick Stamp 2000 Mirabaud Securities LLP (Joint Broker) +44 (0)20 7878 Rory Scott 3360 +44 (0)20 7878 Ed Haig-Thomas 3447 Tavistock (Public and Investor +44 (0)20 7920 Relations) 3150 +44 (0)7788 554 Jos Simson 035 Emily Fenton
Background information on Firestone
Firestone is an international diamond mining company with operations focused on Lesotho. Firestone is currently in the process of commencing production at the Liqhobong Mine in Lesotho to become a one million carat per annum producer.
Lesotho is emerging as one of Africa's significant new diamond producers, and hosts Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine, as well as Namakwa Diamonds' Kao Mine.
For more information please visit: www.firestonediamonds.com.
**ENDS**
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESFIFFSFWSEIL
(END) Dow Jones Newswires
April 10, 2017 07:58 ET (11:58 GMT)
1 Year Firestone Diamonds Chart |
1 Month Firestone Diamonds Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions