Sirius Minerals Plc Exercise of options (6980I)
September 01 2016 - 5:41AM
UK Regulatory
TIDMSXX
RNS Number : 6980I
Sirius Minerals Plc
01 September 2016
1 September 2016
Sirius Minerals Plc
Exercise of options
Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the
"Company") announces the receipt of an exercise notice in relation
to 250,000 share options granted to a former employee in August
2011.
The Company has issued and alloted 250,000 new ordinary shares
of 0.25p per share at an exercise price of 16.3p per share
("Ordinary Shares"). An application has been made for the Ordinary
Shares, which will rank pari passu with the Company's existing
ordinary shares, to be admitted to trading on AIM with admission
expected to take place at 8.00 am on 5 September 2016.
Following admission of the Ordinary Shares, the Company's
enlarged issued share capital will comprise 2,313,619,115 ordinary
shares with voting rights. 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 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 Neil Elliot, Tel: +44 20
(NOMAD) Clayton Bush, 3100 2222
Jill Li
J.P. Morgan Cazenove Ben Davies, Jamie Tel: +44 20
Riddell 7742 4000
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
------------------------- ------------------------------- ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 3150
Emily Fenton
------------------------- ------------------------------- ---------------
About Sirius Minerals Plc
Sirius Minerals is the fertilizer development company focused on
the development of its North Yorkshire polyhalite project, the
United Kingdom. It 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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