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SGZ Scotgold Resources Limited

13.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Scotgold Resources Limited LSE:SGZ London Ordinary Share AU000XINEAK5 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Scotgold Resources Ltd Conversion of Options and Issue of Equity (9558V)

08/11/2017 3:15pm

UK Regulatory


Scotgold Resources (LSE:SGZ)
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TIDMSGZ

RNS Number : 9558V

Scotgold Resources Ltd

08 November 2017

8 November 2017

Scotgold Resources Limited

Conversion of Options and Issue of Equity

Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that, further to the Company's announcement on 2 October 2017, an additional 1,575 fully paid ordinary Scotgold shares ("Option Shares") have been issued on conversion of options exercisable at GBP1.00 on or before 30 September 2017. The issuance of the additional 1,575 Option Shares has been delayed whilst the necessary documentation was in transit.

Application has been made for the 1,575 Option Shares to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 13 November 2017.

Following Admission, the Company's enlarged issued share capital will comprise 15,938,909 ordinary shares with voting rights. The Company does not hold any shares in treasury, therefore the total number of shares in the Company with voting rights will be 15, 938,909. 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.

For further information please contact:

 
 Scotgold Resources   Stockdale Securities   Capital Markets    Smaller Company 
  Limited              Limited                Consultants        Capital 
                                                                 Ltd 
-------------------  ---------------------  -----------------  ---------------- 
 Richard Gray         Robert Finlay/         Simon Rothschild   Rupert Williams 
  - CEO                Ed Thomas 
-------------------  ---------------------  -----------------  ---------------- 
 Tel: +44 (0)1838     Tel: +44 (0)20         Tel +44 (0)7703    Tel: +44 (0)20 
  400 306              7601 6100              167 065            3651 2911 
-------------------  ---------------------  -----------------  ---------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 08, 2017 10:15 ET (15:15 GMT)

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