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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Reabold Resources Plc | LSE:RBD | London | Ordinary Share | GB00B95L0551 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0825 | 0.08 | 0.085 | 0.0825 | 0.0825 | 0.0825 | 5,370,575 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Mgmt Invt Offices, Open-end | 560k | -45k | 0.0000 | N/A | 7.9M |
TIDMRBD
RNS Number : 4644T
Reabold Resources PLC
12 October 2017
For immediate release 12 October 2017
Reabold Resources plc ("Reabold" or the "Company")
Result of General Meeting
Issue of Equity
Total Voting Rights
Reabold, the AIM listed investment company operating in the natural resources sector, is pleased to announce that at the general meeting ("GM") held earlier today, all resolutions were passed.
Accordingly, authorities have been granted to the directors to allot new ordinary shares up to an aggregate nominal amount of GBP1,000,000 on a non pre-emptive basis.
On 2 October 2017, the Company announced a proposed subscription for a total of 352,000,000 new ordinary shares of 0.1 pence each (the "Ordinary Shares") in the capital of the Company (the "Subscription Shares") at a price of 0.5 pence per Subscription Share (the "Subscription Price") to raise, in aggregate, GBP1.76 million (before expenses) (the "Subscription") conditional on Shareholder approval being given at the GM.
Further to Shareholder approval being given today, the Subscription Shares, will be issued, will be fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.
Application has been made for the Subscription Shares to be admitted to trading on the AIM market ("AIM") of London Stock Exchange plc (the "London Stock Exchange"), ("Admission"), and Admission is expected to take place on or around 13 October 2017.
Settlement for the Subscription Shares, and Admission is expected to take place on or before 8.00 a.m. on 13 October 2017.
Total Voting Rights
Following completion of the Subscription, the number of shares in issue will be 1,540,415,896.
Enquiries:
Reabold Resources Sachin Oza C/o Camarco plc Stephen Williams Tel: 020 3757 4980 Anthony Samaha Beaumont Cornish Roland Cornish Tel: 020 7628 3396 Limited Felicity Geidt Whitman Howard Nick Lovering Tel: 020 7659 1234 Limited Grant Barker Turner Pope Investments Andy Thacker Tel: 020 3621 4120 (TPI) Ltd - Joint Broker Camarco Billy Clegg Tel: 020 3757 4980 James Crothers Oliver Head
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 12, 2017 07:26 ET (11:26 GMT)
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