Bezant Resources PLC Exercise of Warrants, Total Voting Rights (8958Y)
May 17 2021 - 10:36AM
UK Regulatory
TIDMBZT
RNS Number : 8958Y
Bezant Resources PLC
17 May 2021
17 May 2021
Bezant Resources Plc
("Bezant" or the "Company")
Exercise of Warrants, Total Voting Rights
Bezant (AIM: BZT), the copper-gold exploration and development
company, announces:
Issue of new shares upon exercise of warrants: Pursuant to the
exercise of warrants at a price of 0.16p per share the Company is
issuing a total of 43,437,500 fully paid ordinary shares of 0.002p
each in the Company (the "New Ordinary Shares") in terms of the
fundraisings announced on:
1. 19(th) June 2020 the Company is issuing a total of 18,750,000 New Ordinary Shares; and
2. 28(th) August 2020 the Company is issuing a total of 24,687,500 New Ordinary Shares.
The New Ordinary Shares will rank pari passu with the existing
ordinary shares in the Company.
Application to trading on AIM : Application will be made to the
London Stock Exchange for the 43,437,500 New Ordinary Shares, to be
admitted to trading on AIM. It is expected that Admission will
become effective and that dealings in the New Ordinary Shares will
commence at 8.00 a.m. on or around 21 May 2021.
Issued Share Capital : Following the issue of the New Ordinary
Shares, the Company's total issued share capital will consist of
3,939,951,615 Ordinary Shares with voting rights. The Company does
not hold any Ordinary Shares in treasury and accordingly there are
no voting rights in respect of any treasury shares.
Total Voting Rights On Admission, the above mentioned figure of
3,939,951,615 Ordinary Shares 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 to their interest in, Bezant under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Bezant Resources Plc
Colin Bird
Executive Chairman +27 726 118 724
Beaumont Cornish (Nominated Adviser)
Roland Cornish +44 (0) 020 7628 3396
Novum Securities Limited (Broker)
Jon Belliss +44 (0) 20 7399 9400
or visit http://www.bezantresources.com
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 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").
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END
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