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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Herencia Resources Plc | LSE:HER | London | Ordinary Share | GB00B069DV22 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.02 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHER
RNS Number : 2723I
Herencia Resources PLC
26 August 2016
26 August 2016
Herencia Resources plc
("Herencia" or the "Company")
Issue of Equity
The Company confirms that pursuant to the Short Term Loan (announced on 26 February 2016) with The Australian Special Opportunity Fund, a New York-based institutional investor managed by The Lind Partners ("Lind"), Lind Partners have served notice to convert their loan of US$50,000.
The conversion has today been satisfied by the issue of 380,662,352 ordinary shares (the "Conversion Shares") in the Company, at a price of 0.01p.
Application has been made to admit the Conversion Shares to trading on AIM, and it is anticipated that dealings in these shares will commence on 2 September 2016.
Following the issue of the Conversion Shares, the total number of shares in issue is 4,647,271,915. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 4,647,271,915. This figure may 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 to their interest under the Disclosure and Transparency Rules
Notification of Interest
Following the issue of equity, above, Herencia has received notice that Lind now directly holds 920,703,558 ordinary shares in the Company representing 19.81% of the total issued share capital and voting rights of the Company.
For further information please contact:
Graeme Sloan, Herencia Resources plc +61 8 9481 4204
Katy Mitchell, WH Ireland Limited (NOMAD) +44 161 832 2174
Jon Belliss, Beaufort Securities Limited (UK) +44 207 382 8300
Further background details on the Company can be found at www.herenciaresources.com
**ENDS**
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESEMFFMFMSEFA
(END) Dow Jones Newswires
August 26, 2016 07:18 ET (11:18 GMT)
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