Oxus Gold PLC Conversion of CLNs and Issue of Equity (9484G)
November 25 2015 - 7:08AM
UK Regulatory
TIDMOXS
RNS Number : 9484G
Oxus Gold PLC
25 November 2015
25 November 2015
Oxus Gold plc
Conversion of CLNs and Issue of Equity
Oxus Gold plc ("Oxus" or the "Company") is pleased to announce
that Darwin Capital Ltd ("Darwin") has given notice to convert zero
coupon unsecured convertible loan notes in the Company ("CLNs")
with a value of GBP100,000 into ordinary shares of 1p each in the
Company ("Ordinary Shares"). Following this conversion, Darwin does
not currently hold any CLNs, although further CLNs may be issued to
Darwin pursuant to an agreement entered into between Oxus and
Darwin on 6 October 2015.
2,843,678 new Ordinary Shares have today been issued to Darwin
pursuant to the conversion of CLNs at a price of 3.517 pence per
share.
Application has been made for a total of 2,843,678 new Ordinary
Shares to be admitted to trading on the AIM Market of the London
Stock Exchange. The new Ordinary Shares will rank pari passu with
existing Ordinary Shares and dealings are expected to commence in
the new Ordinary Shares on 1 December 2015.
Following the issue of ordinary shares as set out above, the
Company's issued share capital now consists of 710,418,697 Ordinary
Shares, none of which are held in treasury. Therefore, the total
number of voting rights in the Company is 710,418,697.
For further information, please contact:
Oxus Gold PLC Tel: +44 (0) 20 7907
Richard Shead 2000
SP Angel Corporate Tel: +44 (0) 20 3470
Finance LLP 0470
Ewan Leggat/Laura Harrison
This information is provided by RNS
The company news service from the London Stock Exchange
END
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