Scotgold Resources Ltd Exercise of Options and Issue of Equity (4659S)
October 02 2017 - 11:18AM
UK Regulatory
TIDMSGZ
RNS Number : 4659S
Scotgold Resources Ltd
02 October 2017
Scotgold Resources Limited
2 October 2017
Scotgold Resources Limited
Exercise of Options and Issue of Equity
Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the
"Company") announces that 4,402 fully paid ordinary Scotgold shares
("Option Shares") have been issued on the exercise of options
exercisable at GBP1.00 on or before 30 September 2017.
Application has been made for the 4,402 Option Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on 6 October 2017.
Following Admission, the Company's enlarged issued share capital
will comprise 15,937,334 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
15,937,334. 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.
The Company also announces the expiry of the following
un-exercised options:
1) 300,000 unlisted options exercisable at GBP0.69 expiring
22/09/2017; and
2) 1,229,672 unlisted options exercisable at GBP1.00 expiring
30/09/2017.
The Company currently has in issue 30,000 unlisted options
exercisable at AUD$8.00 expiring 31/03/2022.
For further information please contact:
Scotgold Resources Limited Stockdale Securities Limited
Richard Gray Robert Finlay / Ed Thomas
Tel: +44 (0)1838 400 306 Tel: +44 (0)20 7601 6100
Capital Markets Consultants Smaller Company Capital Ltd
Simon Rothschild Rupert Williams
Tel +44 (0)7703 167 065 Tel: +44 (0)20 3651 2911
This information is provided by RNS
The company news service from the London Stock Exchange
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