Berkeley Energia Limited Publication of a Prospectus (1118Q)
June 04 2018 - 1:00AM
UK Regulatory
TIDMBKY
RNS Number : 1118Q
Berkeley Energia Limited
04 June 2018
BERKELEY ENERGIA LIMITED
NEWS RELEASE | 4 June 2018 | AIM/ASX: BKY
Publication of Prospectus - Intention to list on the Main Board
of the London Stock Exchange and on the Spanish Stock Exchanges
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES
OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION
WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
This announcement is for information purposes only (an
advertisement) and is not a prospectus. Investors should not
subscribe for or purchase any transferable securities referred to
in this announcement except on the basis of information in the
Prospectus dated 1 June 2018 published by Berkeley (and together
with its subsidiaries, the "Group") in connection with the proposed
admission of its ordinary shares to the standard listing segment of
the Official List of the FCA and to trading on the Main Market for
listed securities of the London Stock Exchange. Copies of the
prospectus (together with Spanish translation of the summary
section of the prospectus) are available for inspection from the
Company's registered office and from the Company's website
www.berkeleyenergia.com
Berkeley Energia Limited ("Berkeley" or "Company") is pleased to
announce that the UK Listing Authority has approved the publication
of its Prospectus, copies of which together with the Spanish
translation of the summary section of the Prospectus, are now
available on its website at
www.berkeleyenergia.com/investor-relations/company-reports/ and
will also be submitted to the National Storage Mechanism, where it
will be available for inspection at
www.morningstar.co.uk/uk/nsm.
Application has been made to passport the Prospectus to the
Spanish National Securities Market Commission (passporting). The
Prospectus has been prepared in support of the Company's
applications for admission of its ordinary shares ("Shares"): (i)
to the standard listing segment of the Official List of the UK
Financial Conduct Authority ("FCA") and to the London Stock
Exchange ("LSE") for trading on its main market for listed
securities (together "LSE Admission") and (ii) to trading on the
main market of the Madrid, Valencia, Bilbao and Barcelona stock
exchanges ("SSE") ("SSE Admission").
It is expected that the LSE Admission will be effective from
Wednesday 6 June 2018 and the SSE Admission from Thursday 7 June
2018. Trading in the Company's shares on AIM will be cancelled
simultaneously on LSE Admission. Existing AIM shareholders do not
have to take any action to maintain their holdings as their shares
will automatically be admitted to trading on the standard listing
segment of the LSE.
Berkeley will trade on the Australian Securities Exchange
("ASX"), LSE and SSE under the ticker BKY.
Renta 4 Banco has been appointed as the Company's broker in
Spain.
The admissions seek to position Berkeley for the next stage of
its development by further raising the profile of the Company and
facilitating the future participation of UK, Spanish and other
European investors in Berkeley's growth.
Berkeley's Managing Director & CEO, Paul Atherley,
commented:
We are pleased to be listing Berkeley on both the Main Board of
the London Stock Exchange and the Spanish Stock Exchanges. It
represents a major step forward for the Company as we progress with
the Salamanca Project, providing economic stimulus and creating
badly needed jobs in a region with some of the highest levels of
unemployment in Europe.
The Company will be Spain's only listed mining company and we
look forward to being a part of the country's modern mining history
and creating long-term shareholder value."
Berkeley's existing listing on the ASX will remain unchanged.
Berkeley's shares (or depository interests representing shares)
will be transferable between the ASX, LSE and SSE. Instructions on
how to transfer your shares from one exchange to the other will be
available on the Company's website at
www.berkeleyenergia.com/investor-relations/share-information/.
The Company is not raising any funds or issuing any new shares
in connection with LSE Admission and SSE Admission. The Company's
shares will continue to be registered with their existing ISIN
number AU000000BKY0 and SEDOL number B1KZDW4. On the LSE Admission
and SSE Admission, the Company's issued share capital will be
254,684,420 ordinary shares.
The dates set out for the LSE Admission and SSE Admission above,
and in any other document issued in connection with the LSE
Admission and SSE Admission are subject to change by the Company,
in which event details of the new dates will be notified to the
ASX, UKLA, the LSE and, where appropriate, shareholders.
The Company's existing shareholders should consult their own tax
advisers as to the tax implications of the Company's proposed move
to the standard listing segment of LSE.
Berkeley Energia Limited +44 20 3903 1930
Paul Atherley, Managing Director and CEO info@berkeleyenergia.com
Sean Wade, Chief Commercial Officer
Berenberg (Joint Broker) +44 20 3207 7800
Matthew Armitt
James Brooks
Tamesis Partners (Joint Broker) +44 203 882 2868
Charles Bendon
Richard Greenfield
WH Ireland Limited (Nominated Adviser and Joint Broker) +44 20 7220 1683
Tim Feather, Director
Jessica Cave, Assistant Director
Alex Bond, Executive
Forward Looking Statements
Statements regarding plans with respect to Berkeley's mineral
properties are forward-looking statements. There can be no
assurance that Berkeley's plans for development of its mineral
properties will proceed as currently expected. There can also be no
assurance that Berkeley will be able to confirm the presence of
additional mineral deposits, that any mineralisation will prove to
be economic or that a mine will successfully be developed on any of
Berkeley mineral properties. These forward-looking statements are
based on Berkeley's expectations and beliefs concerning future
events. Forward looking statements are necessarily subject to
risks, uncertainties and other factors, many of which are outside
the control of Berkeley, which could cause actual results to differ
materially from such statements. Berkeley makes no undertaking to
subsequently update or revise the forward-looking statements made
in this announcement, to reflect the circumstances or events after
the date of that announcement.
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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