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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 |
TIDMSWG
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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