Goldplat plc Update on the Simplifying Group Structure (7179P)

TIDMGDP

RNS Number : 7179P

Goldplat plc

19 February 2021

G ol dp lat plc / Ti cker: GDP / Index: AIM / Secto r: M in i ng & E x p l o rati on

19 February 2021

   Goldplat   plc 
   ( 'Goldplat', t he   'Group' or 'the   Company ') 

Update on the Simplifying Group Structure

G ol dp lat pl c, the AIM quoted g o ld p r o ducer, w ith internati onal g o ld reco very o perati ons l o cated in South Afr i ca and Ghana, wishes to provide a clarification and an update to the announcement of 15 February 2021 concerning the proposed restructuring of the Group which stated that the 74% shareholding of Gold Minerals Resources Limited (intermediate holding company) in Goldplat Recovery (Pty) Ltd ('GPL') has been transferred to Goldplat. The transfer of this shareholding is subject to the waiver of pre-emptive rights by minority shareholders of GPL. The consultation process with the minority shareholders is underway and Company will keep the market updated as the transfer of shares and the restructuring plan generally is progressed and completed.

For further i n fo rmat i on v i s it www .g o ld p lat.com, f o l l ow on Twitter @GoldPlatPlc or contact:

 
 Werner Klingenberg            Goldplat plc               Tel: [phone] 
                                (CEO) 
 Colin Aaronson / Harrison     Grant Thornton UK LLP      Tel: [phone] 
  Clarke/Seamus Fricker         (Nominated Adviser)        5100 
 James Joyce / Jessica         WH Ireland Limited         Tel: [phone] 
  Cave                          (Broker)                   1666 
 Tim Thompson / Mark Edwards   Flagstaff Strategic and    Tel: [phone] 
  / Fergus Mellon               Investor Communications    1474 
                                                           [e-mail] 
 

Th e i n formati on co ntai ned w ith in t h is ann oun cement is deemed to const itute in s ide i nf o rma t i on as st ipu lated under the UK Market Abu se Regulati on. Up on the pub l ication of this ann o u ncement, this in s i de i n fo rmati on is now c o n s i dered to be in the pub l ic domain.

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END

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February 19, 2021 03:24 ET (08:24 GMT)