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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Central Rand | LSE:CRND | London | Ordinary Share | GG00B92NXM24 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.425 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCRND
RNS Number : 8995U
Central Rand Gold Limited
30 October 2017
Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws of Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under the laws of South Africa,
Registration number 2007/019223/10)
ISIN: GG00B92NXM24
LSE share code: CRND
JSE share code: CRD
("Central Rand Gold" or the "Company")
Statement re EGM and potential Open Offer
Further to the announcement of 13 October 2017, the Company will today hold an Extraordinary General Meeting at the offices of IAG offices, Regency Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 3RH at 11.00 a.m. (UK time).
Shareholders are hereby advised that, as the Company's board is now entirely UK based, the expense of holding the Company's General Meetings in Johannesburg is felt to be prohibitive (particularly given the Company's present cash position). Therefore, future General Meetings are likely to be held in Guernsey in accordance with the Company's articles, which prohibit them being held in the UK.
In view of the dilutive nature of the conditional placing announced on the 19 October 2017, the Directors' confirm their previously stated intention that shareholders will be given the opportunity to participate alongside new investors in an Open Offer (with an excess application facility) at the same price as the placing on terms to be announced in due course.
For further information, please contact:
Central Rand Gold +27 (0) 87 310 4400
Simon Charles
Beaumont Cornish Limited - Financial & Nominated Adviser +44 (0) 20 7628 3396
Roland Cornish
Peterhouse Corporate Finance Limited - Broker +44 (0) 20 7469 0930
Lucy Williams / Fungai Ndoro
Merchantec Capital +27 (0) 11 325 6363
Marcel Goncalves / Monique Martinez
Johannesburg
30 October 2017
JSE Sponsor
Merchantec Capital
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUWASRBOARUAA
(END) Dow Jones Newswires
October 30, 2017 03:00 ET (07:00 GMT)
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