We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Katoro Gold Plc | LSE:KAT | London | Ordinary Share | GB00BSNBL022 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0025 | 2.86% | 0.09 | 0.085 | 0.095 | 0.09 | 0.0875 | 0.09 | 31,967,251 | 08:43:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -1.05M | -0.0016 | -0.56 | 602.55k |
TIDMKAT
RNS Number : 1992M
Katoro Gold PLC
19 January 2021
Katoro Gold plc (Incorporated in England and Wales )
( Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
19 January 2021
Katoro Gold plc ('Katoro' or the 'Company')
CLN CONVERSION AND FULL AND FINAL SETTLEMENT
Katoro Gold plc (AIM: KAT), the AIM listed gold and nickel exploration and development company, announces that, further to previous announcements, most recently on 17 November 2020, it has received further notices from certain clients of SI Capital, the Company's broker, who participated in the January 2020 Convertible Loan Note ('CLN') to convert , in aggregate, GBP 17,000 principal value of the CLN at a conversion price of 1.4 pence per share. As a result, the Company will issue the relevant CLN holders with 1,214,285 new ordinary shares of 1 pence each in the Company ('Ordinary Shares') ('Conversion Shares') and following the conversion, the CLN will have been settled in full with no principal outstanding balance remaining. The CLN accrues interest at 20% per annum on a daily basis and the total accrued interest relating to the foregoing conversions amount to GBP3,390.68 which will be settled in cash.
Admission and Total Voting Rights
Application will be made for 1,214,285 new Ordinary Shares to be admitted to trading on AIM, and dealings are expected to commence on or around 26 January 2021 ('Admission'). Following Admission, the share capital of the Company will comprise 377,912,593 Ordinary Shares.
Each Ordinary Share has one voting right and no Ordinary Shares are held in treasury. Accordingly, the total number of voting rights will be 377,912,593 and this figure may be used by shareholders in the Company 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, Katoro under the FCA's Disclosure Guidance and Transparency Rules.
Following the issue of the Conversion Shares and Admission, Kibo Energy PLC will be interested in, in aggregate, 96,138,738 Ordinary Shares representing approximately 25.44% of the Company's then issued share capital.
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.
**ENDS**
For further information please visit www.katorogold.com or contact:
Louis Coetzee louisc@katorogold.com Katoro Gold plc Executive Chairman Bhavesh Patel +44 20 3440 6800 RFC Ambrian Limited NOMAD on AIM Andrew Thomson Nick Emmerson +44 (0) 1483 413 SI Capital Ltd Broker Sam Lomanto 500 Isabel de Salis +44 (0) 20 7236 St Brides Partners Investor and Media Beth Melluish 1177 Ltd Relations Adviser
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCEAAFNFFNFEFA
(END) Dow Jones Newswires
January 19, 2021 07:23 ET (12:23 GMT)
1 Year Katoro Gold Chart |
1 Month Katoro Gold Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions