Arc Minerals Limited Issue of Equity and Change in Total Voting Rights (9315I)
November 29 2018 - 7:01AM
UK Regulatory
TIDMARCM
RNS Number : 9315I
Arc Minerals Limited
29 November 2018
Arc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining
& Exploration
29 November 2018
Arc Minerals Ltd
('Arc' or the 'Company')
Issue of Equity and Change in Total Voting Rights
The company has issued 1,051,793 New Ordinary Shares of no par
value in the share capital of the Company (the "New Ordinary
Shares") to a service provider for technical services rendered to
Casa Mining Limited in the amount of GBP 33,657.
Application has been made for the New Ordinary Shares to be
admitted to trading on the AIM market of the London Stock Exchange
('Admission'). Admission is expected to occur on or around 5
December 2018.
Change in Voting Rights
On 1 October 2018 the Company announced the placement of
44,444,458 share for proceeds of GBP2,000,000. The amount of
subscriptions received was in fact GBP1,998,000 and the difference
of GBP2,000 is attributed to a calculation error. Therefore, as of
28 November 2018, the total issued share capital of the Company
consists of 631,286,447 Ordinary Shares with voting rights.
Total Voting Rights
Following the issue of New Ordinary Shares, the total issued
share capital of the Company will consist of 632,338,240 Ordinary
Shares with voting rights. The Company does not hold any Ordinary
Shares in treasury. Therefore, the total number of voting rights in
the Company is 632,338,240 and 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 more information visit www.arcminerals.com.
Market Abuse Regulation ("MAR") Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
**ENDS**
Contacts
Arc Minerals Ltd
Nick von Schirnding (Chairman) +44 (0) 20 7917 2942
SP Angel (Nominated Adviser
& Broker)
Ewan Leggat / Lindsay Mair /
Soltan Tagiev +44 (0) 20 3470 0470
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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