MC Mining Limited Issue of Shares (7420W)

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RNS Number : 7420W

MC Mining Limited

21 August 2020

   ANNOUNCEMENT                                                21 August 2020 

ISSUE OF SHARES

Further to the 12 August 2020 announcement, MC Mining Limited ("MC Mining" or the "Company") confirms that an application has been made for 13,331,433 shares to be admitted to trading on the AIM market of the London Stock Exchange ("AIM"). Admission to trading on AIM is expected to become effective on or around 24 August 2020 and the shares will rank pari passu with the Company's existing ordinary shares of nil par value. Application for quotation of the shares has also been made to the Australian Securities Exchange and the Main Board of the JSE Limited.

Following admission of the shares, MC Mining will have 154,419,555 shares in issue. 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Authorised by

Tony Bevan

Company Secretary

This announcement has been approved by the Company's Disclosure Committee.

* All figures are in South African rand or United States dollars unless otherwise stated.

 
 For more information contact: 
 Brenda Berlin                  Acting Chief Executive Officer    MC Mining Limited               [phone] 
 Tony Bevan                     Company Secretary                 Endeavour Corporate Services    [phone] 
 
   Company advisors: 
 Ross Allister/David McKeown    Nominated Adviser and Broker      Peel Hunt LLP                   [phone] 
 James Duncan                   Financial PR (South Africa)       R&A Strategic Communications    [phone] 
 Investec Bank Limited is the nominated JSE Sponsor 
 
 

About MC Mining Limited:

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. MC Mining's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (hard coking coal). Vele Colliery (semi-soft coking coal), and the Greater Soutpansberg Projects (coking and thermal coal).

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 [e-mail] or visit www.rns.com.

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August 21, 2020 02:00 ET (06:00 GMT)