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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
European Metals Holdings Limited | LSE:EMH | London | Ordinary Share | VGG3191T1021 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.75 | -3.53% | 20.50 | 19.00 | 20.00 | 21.50 | 19.50 | 21.25 | 694,462 | 16:35:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 1.12M | -5.93M | -0.0286 | -8.74 | 51.83M |
TIDMEMH
RNS Number : 1267O
European Metals Holdings Limited
16 August 2017
For immediate release
16 August 2017
EUROPEAN METALS HOLDINGS LIMITED
Equity Issue
European Metals Holdings Limited ("European Metals" or "the Company") (ASX and AIM: EMH), advises that it has issued 351,448 new ordinary shares (represented by Chess Depositary interests or "CDI's") in the Company at a price of AUD0.7327 per CDI further to the Fund Facility Agreement between 6466 Investments Pty Ltd and EMH ("Facility") as announced on 27 June 2017. The issue of new CDIs is in respect to the third advance of AUD250,000 under the Facility, and the Draw Down Fee of 3% (AUD7,500) on the third advance. The funds will be used in the preparation of the Company's Definitive Feasibility Study, for further drilling and general working capital.
Application is being made for the new ordinary shares represented by the CDIs to be admitted to trading on AIM, with admission expected to take place on or around 18 August 2017. The new ordinary Shares will rank pari passu in all respects with the existing ordinary shares in EMH.
Total Voting Rights
Following the issue of the new Ordinary Shares, the total number of Ordinary Shares in issue with voting rights is 131,050,036. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
ENQUIRIES:
European Metals Holdings Tel: +61 (0) 419 996 Limited 333 Keith Coughlan, Chief Email: keith@europeanmet.com Executive Officer Tel: +44 (0) 20 7440 Kiran Morzaria, Non-Executive 0647 Director Tel: +61 (0) 6141 3504 Julia Beckett, Company Email: julia@europeanmet.com Secretary Beaumont Cornish (Nomad Tel: +44 (0) 20 7628 & Broker) 3396 Michael Cornish Email: corpfin@b-cornish.co.uk Roland Cornish
The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
August 16, 2017 02:22 ET (06:22 GMT)
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