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SWG Shearwater Group Plc

49.00
1.50 (3.16%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shearwater Group Plc LSE:SWG London Ordinary Share GB00BKT6VH21 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 3.16% 49.00 48.00 50.00 49.00 47.50 47.50 33,129 12:55:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 26.69M -8.18M -0.3431 -1.43 11.67M

Shearwater Group PLC Exercise of option agreement (1805V)

26/01/2017 8:00am

UK Regulatory


Shearwater (LSE:SWG)
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RNS Number : 1805V

Shearwater Group PLC

26 January 2017

26 January 2017

SHEARWATER GROUP PLC

(the "Company")

Exercise of option agreement

Issue of equity

Shearwater Group plc (AIM: SWG), announces that pursuant to an exercise notice it has received from David Anthony Warren, the sole director of, and acting on behalf of Tiger Brave Investments Limited, a British Virgin Islands incorporated entity, with company number 1915564, it has issued and allotted 31,500,000 new ordinary shares of 1 pence each in respect of options exercised relating to an agreement dated and announced on 21 July 2016.

Application will be made for the 31,500,000 new ordinary shares to be admitted to trading on AIM, which is expected to take place on 1 February 2017. The new ordinary shares will rank pari passu with the existing ordinary shares in issue.

In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the FCA, the Company confirms that, following this issue, its issued share capital will comprise 535,250,286 Ordinary Shares of 1 pence each. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 535,250,286.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 
 Contacts: 
 
 Shearwater Group plc            www.aurummining.net 
 David Williams                 +44 (0) 797 014 8016 
  Mo Stevens                    +44 (0) 780 171 2582 
 
 WH Ireland Limited       Nominated Adviser & Broker 
 Mike Coe, Ed Allsopp           +44 (0) 117 945 3470 
 
 Powerscourt             aurum@powerscourt-group.com 
 Ben Griffiths, Andy 
  Jones                          +44 (0)20 7250 1446 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGUCAGUPMUMQ

(END) Dow Jones Newswires

January 26, 2017 03:00 ET (08:00 GMT)

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