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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Botswana Diamonds Plc | LSE:BOD | London | Ordinary Share | GB00B5TFC825 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.325 | 0.30 | 0.35 | 0.325 | 0.325 | 0.325 | 1,118,542 | 08:00:20 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 0 | -3.68M | -0.0038 | -0.84 | 3.06M |
From May 2019 to May 2024
TIDMBOD
RNS Number : 7986E
Botswana Diamonds PLC
14 February 2018
14(th) February 2018
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Placing to raise GBP500,000
The Directors of Botswana Diamonds (AIM: BOD) are pleased to announce that the Company has raised GBP500,000 (before expenses) via the placing of 50,000,000 new ordinary shares (the "Placing Shares") with new and existing investors at a price of 1p per Placing Share (the "Placing"). The Placing Shares represent approximately 9.8% of the Company's issued share capital as enlarged by the Placing.
The net proceeds of the Placing will fund ongoing diamond exploration in South Africa and Botswana and will also provide the Company with additional working capital.
The Placing shares will rank pari passu with the Company's existing ordinary shares of 0.25p each ("Ordinary Shares"). Application will be made for the Placing Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will become effective on or around 28(th) February 2018.
Following the Admission of the Placing Shares, there will be a total of 509,282,508 Ordinary Shares in issue with each share carrying the right of one vote. The above 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 change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
SVS Securities Plc have been appointed Joint Broker with immediate effect.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
ENDS
Enquiries:
Botswana Diamonds PLC John Teeling, Chairman +353 1 833 2833 James Campbell, Managing Director +27 83 457 3724 Northland Capital Partners Limited David Hignell/Gerry Beaney (Corporate Finance) +44 (0) 203 861 6625 John Howes (Broking) SVS Securities Plc +44 (0) 203 700 0100 Tom Curran Ben Tadd Blytheweigh +44 (0) 207 138 3204 Camilla Horsfall +44 (0) 781 784 1793 Nick Elwes +44 (0) 783 185 1855 Teneo PSG Luke Hogg +353 (0) 1 661 4055 Alan Tyrrell +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
ROIFKNDBOBKDNBD
(END) Dow Jones Newswires
February 14, 2018 02:00 ET (07:00 GMT)
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