Kazera Global PLC Issue of Equity (1799A)

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RNS Number : 1799A

Kazera Global PLC

24 May 2019

24 May 2019

Kazera Global plc

Issue of Equity

Kazera Global plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company who, through its stake in African Tantalum (Pty) Limited ("Aftan"), has an interest in the Namibia Tantalite Investment Mine ("NTI" or the "Mine") in Namibia, announces that the Company has approved the issue of 300,000 ordinary shares ("New Shares") of 1p each in the capital of the Company ("Ordinary Shares") to a former director of the Company. The New Shares are being issued under the terms of the former director's severance agreement with the Company and will rank pari passu in all respects with the Company's existing Ordinary Shares. Application has been made for the New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading in the New Shares will commence at 8.00 a.m. on 30 May 2019.

Total Voting Rights

Following Admission, the issued ordinary share capital of Kazera will consist of 286,561,207 Ordinary Shares, each with one voting right attached. The Company does not hold any Ordinary Shares in treasury and therefore this figure of 286,561,207 Ordinary Shares may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

**ENDS**

 
 Kazera Global plc (c/o Camarco)               Tel: [phone] 
                                                4980 
 Larry Johnson (CEO) 
 finnCap (Nominated Adviser and Joint          Tel: [phone] 
  broker)                                       0500 
  Scott Mathieson / Anthony Adams (corporate 
  finance) 
 Shore Capital (Joint broker)                  Tel: [phone] 
  Jerry Keen (corporate broking)                4090 
 Camarco (PR)                                  Tel: [phone] 
  Gordon Poole / James Crothers / Monique       8331 
  Perks 
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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END

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May 24, 2019 10:00 ET (14:00 GMT)