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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pembridge Resources Plc | LSE:PERE | London | Ordinary Share | GB00BG107324 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.225 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPERE
RNS Number : 4294O
Pembridge Resources plc
18 August 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY SUCH JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION IS PROHIBITED
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
18 August 2017
Pembridge Resources plc
("Pembridge" or the "Company")
Result of General Meeting, Placing and Admission to the Standard Segment of the Official List
Following the announcement by the Company on 21 July 2017 in connection with the conditional placing, subscription, AIM listing cancellation and proposed application for admission to the standard segment of the Official List, the Company is pleased to announce that all of the Resolutions proposed at the General Meeting held earlier today were duly passed. The results of proxies votes received has been published on the Company's website at https://www.pembridgeresources.com/investors/agm-results.
Pembridge announces that it has raised an aggregate of GBP2.27 million (before expenses) via the issue of 142,006,062 New Ordinary Shares through a placing and subscription at 1.6 pence per new Ordinary Share. The Company's Ordinary Shares will be de-listed from trading on AIM at 7am on 21 August 2017 and will commence trading on the Standard Segment of the Official List of the London Stock Exchange at 8am on 21 August 2017.
Commenting on today's events, David Linsley, CEO said: "Our transition from AIM to a standard listing on the London Stock Exchange has been delivered seamlessly and on time by our legal advisors. We are now in a position to fully exploit our stated aims to build a portfolio of compelling investments with our uniquely qualified team. In the coming weeks we will be stepping-up our due diligence efforts on a range of previously identified projects. While commodity markets have strengthened we still see significant opportunities to exploit our strategy and look forward to delivering significant value to our shareholders."
The Company's shares will continue to be registered with their existing ISIN number GB00B3ZW6Z85 and SEDOL number B3ZW6Z8. The Company's TIDM code on the London Stock Exchange will continue to be PERE. In accordance with the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rule 5.6.1R, Pembridge Resources plc notifies the market that as of 21 August 2017, Pembridge Resources plc's issued share capital consists of 223,849,257 ordinary shares with voting rights.
There are no ordinary shares held in Treasury.
The above figure (223,849,257) may be used by shareholders (and others with notification obligations) as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Pembridge Resources plc under the FCA's Disclosure Guidance and Transparency Rules.
Existing shareholders need take no further action to maintain their existing holdings.
For further information please contact:
Pembridge Resources PLC T: +44 (0)203 778 0655 David Linsley, Chief Executive Officer SPARK Advisory Partners - Nominated Adviser T: +44 (0) 2033 683 555 Sean Wyndham-Quin www.sparkadvisorypartners.com Neil Baldwin SI Capital Limited - Joint Broker T: +44 (0) 1483 413 500 Nick Emerson Andy Thacker Beaufort Securities Limited - Joint Broker T: +44 (0) 207 382 8300 Zoe Alexander
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
August 18, 2017 07:03 ET (11:03 GMT)
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