Herencia Resources PLC Issue of Equity (1599F)
May 15 2017 - 7:53AM
UK Regulatory
TIDMHER
RNS Number : 1599F
Herencia Resources PLC
15 May 2017
Herencia Resources plc
("Herencia" or the "Company")
Issue of Equity
Further to the RNS dated 18 March 2016, Herencia (AIM: HER)
announces that Oriental Darius Co., Ltd ("Darius") exercised its
right to convert $50,000 of convertible loan notes into shares at
an exercise price of GBP0.0001 ("Conversion"). Pursuant to the
Conversion, 388,018,004 ordinary shares of 0.01p each ("New
Ordinary Shares") have been issued and are to be admitted to
trading on AIM.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM (the "Admission"), and dealings in the
new Ordinary Shares are expected to commence on or around 19 May
2017.
Following the issue of the New Ordinary Shares of the Conversion
the total number of Ordinary Shares in issue is 7,156,426,960.
There are no Ordinary Shares held in treasury. Therefore, the total
number of voting rights in the Company is 7,156,426,960. 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 the New Ordinary Shares Darius have
confirmed they now hold 760,395,782 Ordinary Shares, representing
10.63% of the Company's enlarged issue share capital.
For further information please contact:
Peter Reeve, Herencia Resources plc +61 8 9481 4204
Jeff Williams, 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
This information is provided by RNS
The company news service from the London Stock Exchange
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