Kavango Resources PLC Exercise of Warrants (7754L)
January 14 2021 - 12:18PM
UK Regulatory
TIDMKAV
RNS Number : 7754L
Kavango Resources PLC
14 January 2021
PRESS RELEASE
14 January 2021
KAVANGO RESOURCES PLC
("Kavango" or "the Company")
Exercise of Warrants
Exercise of Warrants
Kavango announces it has received notices to exercise warrants
over 7,500,000 new ordinary shares of GBP0.001 each in the Company
(the "Warrant Shares").
The Warrant Shares are being issued pursuant to the exercise of
warrants granted and announced on 15 April 2020. Subscription
monies of GBP75,000 have been received by Kavango in respect of
these exercises.
Admission and Total Voting Rights
Application will be made for the Warrant Shares to be admitted
to the Standard List segment of the Official List and to trading on
the main market of the London Stock Exchange plc ("Admission"). It
is expected that Admission will become effective and that dealings
in the Warrant Shares will commence at 8.00am on or around 26
January 2021.
Following Admission, the total issued share capital of the
Company will consist of 302,791,264 Ordinary Shares. Therefore, the
total number of voting rights in the Company is 302,791,264 and
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 in their
interest, in the share capital of the Company.
Further information in respect of the Company and its business
interests is provided on the Company's website at
www.kavangoresources.com and on Twitter at #KAV.
For further information please contact:
Kavango Resources plc
Michael Foster
mfoster@kavangoresources.com
First Equity (Joint Broker)
+44 207 374 2212
Jason Robertson
SI Capital Limited (Joint Broker)
+44 1483 413500
Nick Emerson
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END
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