Bezant Resources PLC Issue of Shares and TVR (6099Y)

TIDMBZT

RNS Number : 6099Y

Bezant Resources PLC

05 May 2023

5 May 2023

Bezant Resources Plc

("Bezant" or the "Company")

Issue of shares and TVR

Bezant (AIM: BZT), the AIM quoted copper-gold exploration and development company, announces that it is issuing 104,875,000 new Ordinary Shares of 0.002p each (the "Professional Fee Shares") at 0.04 pence per share, which is the fundraising price for the fundraising which the Company announced on 12 April 2023. The Professional Fee Shares are to settle fees of GBP41,950.

Application to trading on AIM : Application will be made to the London Stock Exchange for the Professional Fee Shares, which when issued will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM (the "Admission"). It is expected that Admission will become effective and that dealings in the Professional Fee Shares will commence at 8.00 a.m. on or around 12 May 2023.

Issued Share Capital : Following the issue of the Professional Fee Shares, the Company's total issued share capital will consist of 7,534,709,147 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury and accordingly there are no voting rights in respect of any treasury shares.

Total Voting Rights: On Admission, the above mentioned figure of 7,534,709,147 Ordinary Shares 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 in, Bezant under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information, please contact :

 
Bezant Resources Plc 
 Colin Bird 
 Executive Chairman                           [phone] 
Beaumont Cornish (Nominated Adviser) 
 Roland Cornish / Asia Szusciak              [phone] 
Novum Securities Limited (Joint Broker) 
 Jon Belliss                                [phone] 
Shard Capital Partners LLP (Joint Broker) 
 Damon Heath                                [phone] 
 

or visit http://www.bezantresources.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

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May 05, 2023 06:33 ET (10:33 GMT)