We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shanta Gold Limited | LSE:SHG | London | Ordinary Share | GB00B0CGR828 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.24 | 1.66% | 14.74 | 14.70 | 14.80 | 14.75 | 14.75 | 14.75 | 44,635,019 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 114.06M | -2.3M | -0.0022 | -67.05 | 155.09M |
TIDMSHG
RNS Number : 8052V
Shanta Gold Limited
10 April 2019
10 April 2019
Shanta Gold Limited
("Shanta" or "Company")
Confirmation of buyback of US$5 million convertible loan notes
Shanta Gold Limited (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to announce that following the passing of written resolutions by the holders of the Company's outstanding unsecured subordinated convertible loan notes due April 2020 ("Notes") referenced in the announcement on 27 June 2018 ("Written Resolutions"), the Company is proceeding with the buyback of approximately 33.33% of the Notes currently held by third parties (US$4.89 million of the Notes) in accordance with the scheme set out in the Written Resolutions ("Scheme"). Purchases will be made from all third-party holders of the Notes, pro-rata to their current holdings. Those US$9.78 million of Notes that will remain outstanding with third parties are redeemable on 10 April 2020.
The record date for the Scheme in accordance with the Written Resolutions is 13 May 2019 and the expected payment date is 17 May 2019.
Enquiries:
Shanta Gold Limited + 255 (0) 22 292 Eric Zurrin (CEO) 5148 Luke Leslie (CFO) Nominated Adviser and Broker Numis Securities Limited + 44 (0) 20 7260 Paul Gillam / John Prior / James Black 0000 Financial Public Relations Tavistock + 44 (0) 20 7920 Charles Vivian / Barnaby Hayward 3150
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika project in Tanzania and holds exploration licenses covering approximately 1,500km(2) in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,872 ounces in 2018. The Company has been admitted to trading on London's AIM and has approximately 787 m shares in issue. For further information please visit: www.shantagold.com.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
ENDS
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 rns@lseg.com or visit www.rns.com.
END
MSCEADLEFAKNEFF
(END) Dow Jones Newswires
April 10, 2019 09:28 ET (13:28 GMT)
1 Year Shanta Gold Chart |
1 Month Shanta Gold Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions