Kazera Global PLC Exercise of Warrants and Share Options (8129O)

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RNS Number : 8129O

Kazera Global PLC

12 October 2021

12 October 2021

Kazera Global Plc

Exercise of Warrants and Share Options

Kazera Global Plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that the Company has issued 1,825,000 ordinary shares in the Company ("Ordinary Shares") to satisfy the exercise of 325,000 warrants and 1,500,000 share options. The exercise price for both is 1 pence per share.

Application has been made to the London Stock Exchange to admit 1,825,000 new Ordinary Shares to trading on AIM, Admission of the New Ordinary Shares is expected to occur on or around 18 October 2021 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

The Company has also agreed, in exchange for the warrant and option holders agreeing to hold new shares issued to them for a period of at least 3 months, to issue them a further 325,000 warrants and 1,500,000 options with an exercise price of 2 pence, exercisable on or before 12 January 2023.

Following Admission, the issued share capital of the Company will be 749,287,275 Ordinary Shares and this figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in the Company under the Disclosure Guidance and Transparency Rules published by the UK Financial Conduct Authority. There are no Ordinary Shares held in treasury and each Ordinary Share entitled the holder to a single vote at general meetings of the Company. Therefore, the total number of voting rights in the Company will be 749,287,275.

For further information on the Company, visit: www. kazeraglobal .com

 
 Kazera Global plc (c/o Camarco)                  Tel: [phone] 
  Larry Johnson / Dennis Edmonds (Joint CEO's) 
 
   finnCap (Nominated Adviser and Joint Broker)     Tel: [phone] 
   Christopher Raggett / Tim Harper (corporate 
   finance) 
 
   Camarco (PR) 
   Gordon Poole / James Crothers / Hugo Liddy      Tel: [phone] 
 

**ENDS**

About Kazera Global

Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.

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October 12, 2021 06:28 ET (10:28 GMT)