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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Keras Resources Plc | AQSE:KRS.GB | Aquis Stock Exchange | Ordinary Share | GB00BMY2T534 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 2.50 | 4.50 | 3.50 | 3.50 | 3.50 | 0.00 | 06:55:39 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMKRS
RNS Number : 0360T
Keras Resources PLC
12 November 2019
Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining
12 November 2019
Keras Resources plc ('Keras' or the 'Company')
Exercise of Warrants & Issue of Equity
Keras Resources plc, the AIM listed mineral resource company, announces that it has received a notice of exercise of a warrant over 7,000,000 new ordinary shares of 0.1 pence each in the share capital of the Company (the 'Warrant Shares') at a price of 0.36 pence per share, which were granted on 24 May 2018. Accordingly, the Company has today issued the Warrant Shares to the warrant holder for an aggregate cash consideration of GBP25,200.
Application has been made for the Warrant Shares to be admitted to trading on the AIM market of the London Stock Exchange ('Admission'). The Warrant Shares will rank pari passu in all respects with the existing issued ordinary shares of 0.1 pence each in the capital of the Company. Admission is expected to occur on or around 15 November 2019.
Total Voting Rights
Following the issue of the Warrant Shares, the total issued share capital of the Company will consist of 2,498,358,439 ordinary shares of 0.1 pence each carrying the right to one vote. There are no shares currently held in treasury. The total number of voting rights in the Company will therefore be 2,498,358,439 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
**ENDS**
For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:
Russell Lamming Keras Resources plc info@kerasplc.com Nominated Adviser & Broker Ewan Leggat / Charlie SP Angel Corporate Finance +44 (0) 20 3470 Bouverat LLP 0470 Financial PR Isabel de Salis / Cosima +44 (0) 20 7236 Akerman St Brides Partners Ltd 1177
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IOEGMMMMRMVGLZM
(END) Dow Jones Newswires
November 12, 2019 02:00 ET (07:00 GMT)
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