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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sirius Minerals Plc | LSE:SXX | London | Ordinary Share | GB00B0DG3H29 | ORD 0.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.49 | 5.485 | 5.49 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSXX
RNS Number : 0278G
Sirius Minerals Plc
27 February 2015
27 February 2015
Sirius Minerals Plc
Issue and Allotment of Ordinary Shares following Exercise of Conversion rights
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") hereby announce that the Company has received notices of exercise in respect of convertible securities previously issued on 23 January 2014 at a conversion price of 6.4p per share, the details of which were announced to the market on 12 August 2013 pursuant to which 6,250,000 ordinary shares (the "Relevant Shares") fall to be issued. Application has therefore been made for the Relevant Shares to be admitted to trading on AIM with admission expected to take place on 2 March 2015. The Relevant Shares will rank pari passu in all respects with all existing ordinary shares in the Company.
Following admission of the Relevant Shares, the Company's enlarged issued share capital will comprise 1,902,506,890 ordinary shares with voting rights. This figure of 1,902,506,890 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.
For further information, please contact:
Sirius Minerals Plc Investor Relations Email: ir@siriusminerals.com Tel: +44 845 524 0247 --------------------------- ------------------------------- --------------- Joint Brokers Liberum Capital Limited Clayton Bush Tel: +44 20 3100 2222 Macquarie Capital (Europe) Ken Fleming, Tel: +44 20 Limited (NOMAD) Raj Khatri 3037 2000 WH Ireland Adrian Hadden Tel: +44 20 7220 1666 --------------------------- ------------------------------- --------------- Media Enquiries Jos Simson, Mike Tel: +44 20 Tavistock Bartlett, 7920 3150 Emily Fenton --------------------------- ------------------------------- --------------- Warrant Trading Enquiries Liberum Capital Limited Simon Smith Tel: +44 20 3100 2171 --------------------------- ------------------------------- ---------------
About Sirius Minerals Plc
Sirius Minerals is a potash development company with properties in the United Kingdom (North Yorkshire) and the United States (North Dakota). Its primary focus is the development of the York Potash Project which has the world's largest and highest grade deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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