Panthera Resources PLC Change of Adviser and Issue of Equity (3769N)
January 29 2021 - 4:50AM
UK Regulatory
TIDMPAT
RNS Number : 3769N
Panthera Resources PLC
29 January 2021
29 January 2021
Panthera Resources Plc
(Panthera or the Company)
Appointment of Nominated Adviser and Broker
Issue of Equity
AIM Rule 17 Update
Panthera Resources Plc (AIM: PAT), the diversified gold
exploration and development company with assets in West Africa and
India, is pleased to announce the appointment of Allenby Capital
Limited as the Company's Nominated Adviser and sole Broker with
effect from today.
Issue of Fee Shares
The Company announces that 163,636 new ordinary shares in the
Company ("Fee Shares") will be issued in lieu of fees payable to
its advisers. Application will be made for the admission of the Fee
Shares to trading on AIM ("Admission"). It is anticipated that
Admission will become effective at 8.00 a.m. on or around 5
February 2021.
Following Admission, the total number of ordinary shares and
voting rights in the Company will be 90,876,339. The Company does
not hold any shares in treasury. From Admission, the above figure
may be used by shareholders 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 in, the share capital of
the Company pursuant to the FCA's Disclosure Guidance and
Transparency Rules.
AIM Rule 17 - historic disclosure
Tim Hargreaves, Non-Executive Director of the Company, is a
director of Elk Petroleum Limited, which entered into voluntary
administration in May 2019 and is currently subject to a Deed of
Company Arrangement. In accordance with the Deed of Company
Arrangement, Elk Petroleum Limited is in negotiations with its
creditors regarding actions to recapitalise the Company.
Contacts
Panthera Resources PLC +61 411 220 942
Mark Bolton (Managing Director) contact@pantheraresources.com
Financial Public Relations
Vigo Communications Ltd
Simon Woods
Chris McMahon +44 (0)20 7390 0230
Nominated Advisor and Broker
Allenby Capital Limited
John Depasquale (Corporate Finance)
Guy McDougall (Corporate Broking and Sales) +44 (0) 20 3328 5656
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