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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% | 1.95 | 1.70 | 2.20 | 1.95 | 1.95 | 1.95 | 0.00 | 07:00:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMKRS
RNS Number : 2499F
Keras Resources PLC
06 July 2023
Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining
06 July 2023
Keras Resources plc ('Keras' or the 'Company')
Restoration of trading
and Issue of Fee Shares
Keras Resources plc (AIM: KRS) is pleased to announce that with the publication of the Annual Report and Accounts for Year Ended 31 December 2022, which are now available on the Company's website at https://kerasplc.com/results-and-reports/ , trading in the Company's ordinary shares on AIM will be restored with effect from 4.20 pm today.
As announced earlier today the Annual Report and Accounts for Year Ended 31 December 2022 will also be posted to shareholders on 7 July 2023 along with the notice of its Annual General Meeting ("AGM") to be held at Coveham House, Downside Bridge Road, Cobham KT11 3EP, on the 31st July 2023, a Proxy Form and a letter detailing shareholders' option to receive electronic communication from the Company going forward.
The Notice of AGM, Proxy Form and a letter detailing shareholders' option to receive electronic communication from the Company going forward are also available on the Company's website at https://kerasplc.com/results-and-reports/
Issue of Fee Shares
The Company also announces that it has issued 361,446 new ordinary shares of 1 pence each ("Ordinary Shares") in the Company at a price of 4.15 pence per new Ordinary Share to SP Angel Corporate Finance LLP in lieu of the cash payment of GBP15,000 due for the provision of professional advisory services.
Admission and Total Voting Rights
Application will be made for the 361,446 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on or around 12 July 2023. Following Admission, the Company's issued share capital will comprise 80,097,177 Ordinary Shares with voting rights. This figure of 80,097,177 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 in their interest in, the share capital of the Company under the Disclosure Rules and Transparency Rules of the United Kingdom Financial Conduct Authority.
The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as amended) as it forms part of the domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (as amended). Upon the publication of this Announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
**ENDS**
For further information please visit www.kerasplc.com , follow us on Twitter @kerasplc or contact the following:
Graham Stacey Keras Resources plc info@kerasplc.com Nominated Adviser & Joint Broker SP Angel Corporate Finance Ewan Leggat / Charlie LLP Bouverat +44 (0) 20 3470 0470 Joint Broker Shard Capital Partners Damon Heath / Erik Woolgar LLP +44 (0) 207 186 9900
Notes:
Keras Resources (AIM: KRS) wholly owns the Diamond Creek organic phosphate mine in Utah, US. Diamond Creek is one of the highest-grade organic phosphate deposits in the US and is a fully integrated mine to market operation with in-house mining and processing facilities. The operation produces a variety of organic phosphate products that can be tailored to customer organic fertiliser requirements.
The Company is focused on continuing to build market share in the fast-growing US organic fertiliser market and build Diamond Creek into the premier organic phosphate producer in the US.
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.
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END
MSCEASXKEENDEFA
(END) Dow Jones Newswires
July 06, 2023 11:20 ET (15:20 GMT)
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