Exercise of warrants and issue of equity

 

TIDMCHC 
 
RNS Number : 3480X 
Charles Street Capital PLC 
03 December 2010 
 

              Charles Street Capital plc / EPIC: CHC / Market: AIM 
                                3 December 2010 
 
Charles Street Capital plc ('Charles Street' or the 'Company') 
                    Exercise of warrants and issue of equity 
 
Charles Street Capital plc, the AIM listed natural resources investment company, 
announces that on 2 December 2010, Crescent Trustees Limited exercised warrants 
to acquire 2,500,000 ordinary shares 0.1p each in the Company ('the Warrant 
Shares'). 
 
These warrants were issued pursuant to a warrant instrument dated 29 June 2010 
issued by the Company ('the Warrant Instrument').  The exercise price for the 
Warrant Shares is 0.25p per Warrant Share and the aggregate subscription price 
for the Warrant Shares has been received by the Company.  Pursuant to the terms 
of the Warrant Instrument, Crescent Trustees Limited no longer has any 
outstanding warrants to subscribe for ordinary shares of 0.1p each in the 
Company ('the Ordinary Shares'). 
 
Application will be made for the Warrant Shares, which will rank pari passu with 
the Company's existing Ordinary Shares in issue, to be admitted to trading on 
AIM.  It is expected that admission will be effective and that dealings in the 
Warrant Shares will commence on 8 December 2010. 
 
Following the issue of the Warrant Shares, the enlarged issued share capital of 
the Company will be 1,061,646,977 Ordinary Shares.  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 a change to their 
interest in, the share capital of the Company under the Disclosure and 
Transparency Rules. 
 
                                    **ENDS** 
+----------------+----------------------+---------------------+ 
|                                                             | 
| For further information on the Company visit                | 
| www.charlesstreetplc.com or contact:                        | 
+-------------------------------------------------------------+ 
|                                                             | 
+-------------------------------------------------------------+ 
| Nicholas Lee   | Charles Street       | Tel: [phone]  | 
|                | Capital plc          |                     | 
+----------------+----------------------+---------------------+ 
| Damian Conboy  | Charles Street       | Tel: [phone]  | 
|                | Capital plc          |                     | 
+----------------+----------------------+---------------------+ 
| Nick Naylor    | Allenby Capital      | Tel: [phone]  | 
|                | Limited              |                     | 
+----------------+----------------------+---------------------+ 
| Alex Price     | Allenby Capital      | Tel: [phone]  | 
|                | Limited              |                     | 
+----------------+----------------------+---------------------+ 
| Hugo de Salis  | St Brides Media &    | Tel: [phone]  | 
|                | Finance Ltd          |                     | 
+----------------+----------------------+---------------------+ 
| Elisabeth      | St Brides Media &    | Tel: [phone]  | 
| Cowell         | Finance Ltd          |                     | 
+----------------+----------------------+---------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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