GCM Resources PLC Share Issue - Convertible Loan Facility Settlement (3181J)
June 27 2017 - 7:36AM
UK Regulatory
TIDMGCM
RNS Number : 3181J
GCM Resources PLC
27 June 2017
27 June 2017
GCM Resources plc
("GCM" or the "Company")
(AIM:GCM)
Share issue - Settlement of Convertible Loan Facility
GCM Resources plc ("GCM" or the "Company"), a London based
resource exploration and development company, announces that it has
now issued and allotted 10,501,932 ordinary shares to settle the
convertible loan facility as previously disclosed on 20 June
2017.
Application is being made to The London Stock Exchange for these
shares, which rank pari passu with the Company's existing issued
ordinary shares, to be admitted to AIM. It is expected that
admission will become effective on 3 July 2017. Following admission
of these ordinary shares, the Company's enlarged issued share
capital will comprise 78,153,997 ordinary shares with voting rights
in the Company. As the Company holds no shares in treasury, this is
the total number of the voting rights in the Company which may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest, or a change in the interest, in the share capital of the
Company under Chapter 5 of the FCA's Disclosure Guidance and
Transparency Rules as reflected in the Company's articles of
incorporation.
For further information:
GCM Resources plc Bell Pottinger
James Hobson Lorna Cobbett
Finance Director +44 (0) 20 3772 2500
+44 (0) 20 7290 1630
ZAI Corporate Finance
Ltd
Nominated Adviser and
Broker
Peter Trevelyan-Clark,
Tim Cofman
+44 (0) 20 7060 2220
GCM Resources plc
Tel: +44 (0) 20 7290 1630
info@gcmplc.com; www.gcmplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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