TIDMSXX
RNS Number : 6675D
Sirius Minerals plc
28 April 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, ANY EXCLUDED TERRITORY OR ANY OTHER JURISDICTION IN WHICH
THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
This announcement is for information purposes only and is not a
prospectus and not an offer of securities for sale in any
jurisdiction, including in the United States, Australia, Canada,
Japan and South Africa.
This announcement should be read in its entirety. In particular,
you should read and understand the information provided in the
"Important Notice" section.
28 April 2017
Sirius Minerals Plc
Notification of admission to the Main Market
Further to the announcements previously made by Sirius Minerals
Plc (the "Company") on 28 March 2017 and on 25 April 2017 the
Company is pleased to confirm that, effective 8.00 am today, its
entire ordinary share capital, being 4,164,514,405 ordinary shares,
will be admitted to the premium listing segment of the Official
List of the UK Listing Authority (the "Official List") and to
trading on London Stock Exchange plc's main market ("Main Market")
for listed securities (together, "Admission") and trading in the
Company's shares on the AIM market of London Stock Exchange plc
("AIM") will be cancelled.
The Company is not raising any funds or issuing any new shares
in connection with Admission. No shares have been offered or
marketed to the public in the UK or elsewhere in connection with
Admission or the publication of the related prospectus. The
Company's shares will continue to be registered with their existing
ISIN number GB00B0DG3H29 and SEDOL number B0DG3H2. The Company's
TIDM code on the London Stock Exchange will continue to be SXX. The
share capital of the Company following Admission is 4,164,514,405
shares in aggregate, each with equal voting rights. No shares are
held in treasury.
Existing shareholders need take no further action to maintain
their existing holdings as this change only affects the platform
the ordinary shares are traded on.
Chris Fraser, Managing Director and Chief Executive Officer,
said:
"This is another important milestone for the Company as we
fulfil our commitment to move to the Main Market. The delivery of
our Woodsmith Mine and associated infrastructure continues to
proceed in a timely fashion and we look forward to providing
further updates in due course."
For further information, please contact:
Sirius Minerals Plc Tristan Pottas
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
Manager 524 0247
------------------------- ------------------------------ ---------------
Sponsor in relation
to Admission and Joint Ben Davies, Jamie
Broker Riddell, Andrew Tel: +44 20
J.P. Morgan Cazenove Coates, James 7742 4000
Summer
------------------------- ------------------------------ ---------------
Joint Brokers
Liberum Capital Limited Neil Elliot, Tel: +44 20
Clayton Bush, 3100 2222
Jill Li
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 Plc is the fertilizer development company
focused on the construction and development of its North Yorkshire
polyhalite project in the United Kingdom. It believes the Project
represents the world's largest high-grade known deposit of
polyhalite, a multi-nutrient form of potash containing potassium,
sulphur, magnesium and calcium. Incorporated in 2003, Sirius
Minerals Plc's shares are traded on the London Stock Exchange's
Main Market. Further information on the Company can be found at:
www.siriusminerals.com.
Important notice
This announcement is for information purposes only and does not
constitute an offer or invitation to sell or issue or the
solicitation of an offer to buy, acquire or subscribe for shares in
the Company. This announcement does not constitute nor form part of
an offer to sell securities or the solicitation of an offer to buy
securities in the United States. The Ordinary Shares have not been
and will not be registered under the Securities Act or under any
securities laws or with any securities regulatory authority of any
state or other jurisdiction of the United States. The Ordinary
Shares may not be offered, sold, resold, taken up, transferred,
delivered or distributed, directly or indirectly, into or within
the United States absent registration under the Securities Act or
an available exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and in
compliance with any applicable securities laws of any state or
other jurisdiction of the United States. There is no public offer
of the Ordinary Shares in the United States. The Ordinary Shares
may not be offered or sold to, or for the account or benefit of,
any ADR holder. Subject to certain exceptions, no action has been
taken by the Company or by the Sponsor that would permit an offer
of the Ordinary Shares or possession or distribution of this
announcement in any other jurisdiction where action for that
purpose is required, other than the United Kingdom. No public
offering of the shares referred to in this announcement is being
made.
This announcement has been issued by, and is the sole
responsibility of, the Company. No representation or warranty,
express or implied, is or will be made as to, or in relation to,
and no responsibility or liability is or will be accepted by the
Sponsor or by any of its affiliates or agents as to or in relation
to, the accuracy or completeness of this announcement or any other
written or oral information made available to or publicly available
to any interested party or its advisers, and any liability
therefore is expressly disclaimed.
J.P. Morgan Securities plc (which conducts its UK investment
banking business as J.P. Morgan Cazenove), which is authorised by
the Prudential Regulation Authority (the "PRA") and regulated in
the United Kingdom by the Financial Conduct Authority (the "FCA")
and the PRA, is acting exclusively for the Company and no one else
in connection with the proposed Admission, and will not regard any
other person (whether or not a recipient of this document) as a
client in relation to the proposed Admission, and will not be
responsible to anyone other than the Company for providing the
protections afforded to their respective clients, nor for providing
advice, in relation to the proposed Admission or any other matter
referred to in this announcement.
Apart from the responsibilities and liabilities, if any, which
may be imposed on the Sponsor by the Financial Service and Markets
Act 2000, as amended, or the regulatory regime established
thereunder, or by the London Stock Exchange or the AIM Rules, or
under the regulatory regime of any jurisdiction where exclusion of
liability under the relevant regulatory regime would be illegal,
void or unenforceable, neither the Sponsor, nor any of its
affiliates, directors, officers, employees or advisers accepts any
responsibility whatsoever for, or makes any representation or
warranty, express or implied, as to the contents of this
announcement, including its accuracy or completeness, or for any
other statement made or purported to be made by it, or on behalf of
it, the Company, the Directors or any other person, in connection
with Admission, and nothing in this document should be relied upon
as a promise or representation in this respect, whether or not to
the past or future. The Sponsor and its affiliates, directors,
officers, employees and advisers accordingly disclaims to the
fullest extent permitted by law all and any responsibility or
liability whatsoever, whether arising in tort, contract or
otherwise (save as referred to above), which it might otherwise
have in respect of this announcement or any such statement.
Statements contained in this announcement regarding past trends
or activities should not be taken as a representation that such
trends or activities will continue in the future.
No statement in this announcement is or is intended to be a
profit forecast or profit estimate or to imply that the earnings of
the Company for the current or future financial years will
necessarily match or exceed the historical or published earnings of
the Company. The price of shares and the income from them may go
down as well as up and investors may not get back the full amount
invested on disposal of the shares.
Neither the content of the Company's website nor any website
accessible by hyperlinks on the Company's website is incorporated
in, or forms part of, this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSEMSWAFWSEFL
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April 28, 2017 03:18 ET (07:18 GMT)
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