Blencowe Resources PLC Exercise of Warrants

RNS Number : 3026P

Blencowe Resources PLC

09 December 2024

 

9 December 2024

Blencowe Resources Plc

Exercise of Warrants

 

The Directors and Senior Management given notice that they have exercised warrants at 4 pence as follows:

Director/Senior Management	Amount of Warrants	Funds raised £
Cameron Pearce	1,000,000	40,000
Sam Quinn*	750,000	30,000
Alex Passmore	400,000	16,000
Mike Ralston	1,000,000	40,000
	3,150,000	126,000

*via his services company Lionshead Consultants Ltd

Following the exercise of the warrants the Company shall receive £126,000.

Admission

The Company will make an application for 3,150,000 New Ordinary Shares to be admitted to trading on the Equity Shares (transition) category of the Official List and the Main Market of the London Stock Exchange at 8.00 a.m. on 12 December 2024. The expected timetable of principal events for Admission is set out below. All references to time in this announcement are to London time. Any changes to the expected timetable will be notified by the Company though an RIS.

Total Voting Rights

The Company hereby notifies the market, in accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1, that on Admission, the Company's expected issued share capital will consist of 295,226,620 Ordinary Shares, each with one vote. The Company does not hold any Ordinary Shares in Treasury. On Admission, the total number of voting rights in the Company is expected to be 295,226,620 and this figure may be used by Shareholders 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Blencowe Resources Plc  Sam Quinn	www.blencoweresourcesplc.com Tel: [phone] [e-mail]
Investor Relations Sasha Sethi	Tel: [phone] [e-mail]
Tavira Financial Jonathan Evans	Tel: [phone] [e-mail]

 

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