SGZ Scotgold Resources Limited

TIDMSGZ

RNS Number : 6830I

Scotgold Resources Ltd

22 March 2018

Scotgold Resources Limited

23 March 2018

Scotgold Resources Limited

Conversion of Options and Issue of Equity

Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that 450 fully paid ordinary Scotgold shares ("Option Shares") have today been issued on conversion of options exercisable at GBP0.40 on or before 31 December 2019.

Application will be made for the 450 Option Shares to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 28 March 2018.

Following Admission, the Company's enlarged issued share capital will comprise 28,365,799 ordinary shares with voting rights. The Company does not hold any shares in treasury, therefore the total number of shares in the Company with voting rights will be 28,365,799. 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.

For further information please contact:

For further information -

 
 Scotgold Resources       Tel: +44 (0)1838 
  Limited                  400 306 
  Richard Gray 
 SP Angel Corporate       Tel +44 (0) 20 
  Finance LLP              3470 0470 
  Nomad and Joint 
  Broker 
  Ewan Leggat / Charlie 
  Bouverat 
 Smaller Company          Tel: +44 (0)20 
  Capital Ltd              3651 2911 
  Joint Broker 
  Rupert Williams 
 Capital Markets           Tel: +44(0)7703 167 065 
  Consultants 
  Financial PR 
  Simon Rothschild 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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