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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cradle Arc | LSE:CRA | London | Ordinary Share | GB00BYZ6H873 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.625 | 0.60 | 0.65 | 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
TIDMCRA
RNS Number : 9881E
Cradle Arc PLC
15 February 2018
Cradle Arc Plc / EPIC: CRA.L / Market: AIM / Sector: Mining
15 February 2018
Cradle Arc plc
("Cradle Arc" or the "Company")
Conversion of Loan Notes & Total Voting Rights
Cradle Arc, the African focused base and precious metals exploration and production company, announces that a holder (the "Noteholder") of certain of the convertible loan notes issued by the Company on 16 January 2017 (the "Notes") has elected to convert its Notes into new ordinary shares of GBP0.0001 each in the capital of the Company ("Ordinary Shares") under the terms of the Notes.
Accordingly, 1,403,509 new Ordinary Shares (the "Conversion Shares") have been issued to the Noteholder at a price of 5.34375 pence per share in accordance with the terms of the Notes.
Total Voting Rights
Application has been made for the admission of the Conversion Shares to trading on AIM, with such admission expected to become effective at 8.00 a.m. on 20 February 2018. Following admission, the share capital of the Company will comprise 207,269,370 Ordinary Shares and, accordingly, the total number of voting rights will be 207,269,370.
The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Cradle Arc under the FCA's Disclosure Guidance and Transparency Rules.
**ENDS**
For further information, please visit www.cradlearc.com or contact:
Cradle Arc plc Tel: +44 (0)20 7499 5881 Kevin van Wouw Mark Jones Strand Hanson Limited Tel: +44 (0)20 7409 3494 Angela Hallett Matthew Chandler James Dance Beaufort Securities Limited Tel: +44 (0)20 7382 8300 Jon Belliss Tamesis Partners LLP Tel: +44 (0)20 3882 2868 Richard Greenfield St Brides Partners Limited Tel: +44 (0)20 7236 1177 Charlotte Page Susie Geliher
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCTAMPTMBJBMLP
(END) Dow Jones Newswires
February 15, 2018 03:45 ET (08:45 GMT)
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