ALTYN PLC: Issue of Equity
October 06 2020 - 12:00PM
UK Regulatory
TIDMALTN
Altyn Plc
("Altyn" or the "Company")
Issue of new shares
The Company is pleased to announce that it will issue
154,028,981 new ordinary shares of GBP0.001 in connection with the
exercise of share options by Freedom Finance JSC, raising
US$1.5m.
The Company will apply for admission of the new Ordinary Shares
to trading on the Official List of the UK Listing Authority and to
trading on the London Stock Exchange's Main Market for listed
securities ("Admission"). Admission of the new Ordinary shares,
which will rank pari passu in all respects with the existing
Ordinary Shares of the Company, is expected to occur on or around
12 October 2020.
The Company has no Ordinary Shares held in treasury. The total
number of voting rights in the Company following the Conversion
will therefore be 2,733,293,311. 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.
Further Information:
For further information please contact:
Altyn Plc
Rajinder Basra
+44 (0) 207 932 2455
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
Information on the Company
Altyn Plc (LSE:ALTN) is an exploration and development company,
which is listed on the main market segment of the London Stock
Exchange.
To read more about Altyn Plc please visit our website
www.altyn.uk
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201006005890/en/
CONTACT:
Altyn Plc
SOURCE: Altyn Plc
Copyright Business Wire 2020
(END) Dow Jones Newswires
October 06, 2020 12:00 ET (16:00 GMT)
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