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XTR Xtract Resources Plc

1.00
0.00 (0.00%)
Last Updated: 08:00:12
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xtract Resources Plc LSE:XTR London Ordinary Share GB00BYSX2795 ORD 0.02P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.00 0.90 1.10 1.00 0.985 1.00 130,497 08:00:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 2.81M -1.83M -0.0021 -4.76 8.56M

Xtract Resources plc Exercise of Warrants (8582T)

17/10/2017 3:42pm

UK Regulatory


Xtract Resources (LSE:XTR)
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TIDMXTR

RNS Number : 8582T

Xtract Resources plc

17 October 2017

For immediate release 17 October 2017

Xtract Resources Plc

("Xtract" or "the Company")

Exercise of Warrants

Xtract announces that it has received notice to exercise warrants over 7,647,059 ordinary shares of 0.02p each in the Company ("Ordinary Shares") at an exercise price of 1.7p per Ordinary Share. Accordingly, the Company has issued, 7,647,059 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise").

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 24 October 2017.

Following the Warrant Exercise and Admission, the Company will have 284,126,645 ordinary shares in issue with voting rights. Xtract does not currently hold any shares in treasury. Accordingly, this figure of 284,126,645 Ordinary Shares 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 and Transparency Rules.

Enquiries:

 
 Xtract Resources       Colin Bird, Executive             +44 (0)20 3416 
  Plc                    Chairman                          6471 
                        Michael Cornish 
                         Roland Cornish                   +44 (0)207628 
 Beaumont Cornish        Felicity Geidt                    3369 
  Email: corpfin@b-cornish.co.uk 
                                                          +44 (0)207 
 Beaufort Securities    Jon Belliss                        382 8300 
 

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 17, 2017 10:42 ET (14:42 GMT)

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