Scotgold Resources Ltd Conversion of Options and Issue of Equity (6830I)
March 23 2018 - 3:00AM
UK Regulatory
TIDMSGZ
RNS Number : 6830I
Scotgold Resources Ltd
22 March 2018
Scotgold Resources Limited
23 March 2018
Scotgold Resources Limited
Conversion of Options and Issue of Equity
Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the
"Company") announces that 450 fully paid ordinary Scotgold shares
("Option Shares") have today been issued on conversion of options
exercisable at GBP0.40 on or before 31 December 2019.
Application will be made for the 450 Option Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on 28 March 2018.
Following Admission, the Company's enlarged issued share capital
will comprise 28,365,799 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
28,365,799. 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.
For further information please contact:
For further information -
Scotgold Resources Tel: +44 (0)1838
Limited 400 306
Richard Gray
SP Angel Corporate Tel +44 (0) 20
Finance LLP 3470 0470
Nomad and Joint
Broker
Ewan Leggat / Charlie
Bouverat
Smaller Company Tel: +44 (0)20
Capital Ltd 3651 2911
Joint Broker
Rupert Williams
Capital Markets Tel: +44(0)7703 167 065
Consultants
Financial PR
Simon Rothschild
This information is provided by RNS
The company news service from the London Stock Exchange
END
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