Herencia Resources PLC Issue of Equity (2723I)
August 26 2016 - 6:18AM
UK Regulatory
TIDMHER
RNS Number : 2723I
Herencia Resources PLC
26 August 2016
26 August 2016
Herencia Resources plc
("Herencia" or the "Company")
Issue of Equity
The Company confirms that pursuant to the Short Term Loan
(announced on 26 February 2016) with The Australian Special
Opportunity Fund, a New York-based institutional investor managed
by The Lind Partners ("Lind"), Lind Partners have served notice to
convert their loan of US$50,000.
The conversion has today been satisfied by the issue of
380,662,352 ordinary shares (the "Conversion Shares") in the
Company, at a price of 0.01p.
Application has been made to admit the Conversion Shares to
trading on AIM, and it is anticipated that dealings in these shares
will commence on 2 September 2016.
Following the issue of the Conversion Shares, the total number
of shares in issue is 4,647,271,915. There are no shares held in
treasury. Therefore, the total number of voting rights in the
Company is 4,647,271,915. 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 to their interest under the Disclosure and
Transparency Rules
Notification of Interest
Following the issue of equity, above, Herencia has received
notice that Lind now directly holds 920,703,558 ordinary shares in
the Company representing 19.81% of the total issued share capital
and voting rights of the Company.
For further information please contact:
Graeme Sloan, Herencia Resources plc +61 8 9481 4204
Katy Mitchell, WH Ireland Limited (NOMAD) +44 161 832 2174
Jon Belliss, Beaufort Securities Limited (UK) +44 207 382
8300
Further background details on the Company can be found at
www.herenciaresources.com
**ENDS**
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESEMFFMFMSEFA
(END) Dow Jones Newswires
August 26, 2016 07:18 ET (11:18 GMT)
Herencia Resources (LSE:HER)
Historical Stock Chart
From Apr 2024 to May 2024
Herencia Resources (LSE:HER)
Historical Stock Chart
From May 2023 to May 2024