Scotgold Resources Ltd Issue of Equity and Total Voting Rights (5600F)
November 17 2020 - 1:50AM
UK Regulatory
TIDMSGZ
RNS Number : 5600F
Scotgold Resources Ltd
17 November 2020
17 November 2020
Scotgold Resources Limited
("Scotgold" or the "Company)
Issue of Equity and Total Voting Rights
Scotgold Resources Limited (AIM: SGZ), the gold exploration and
production company focused on Scotland, announced it has applied
for the admission to trading on AIM of 8 depositary interests of no
par value in the Company ("New Ordinary Shares"). These shares were
issued pursuant to the exercise of options that were granted
pursuant December 2017 Rights Issue but were not admitted to
trading at the time in error.
Application will be made for the 8 New Ordinary Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to take place on or around 20 November 2020.
Following Admission, the Company's enlarged issued share capital
will comprise of 54,079,014 ordinary shares of no par value 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 54,079,014. 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.
**ENDS**
For further information please contact:
Scotgold Resources Limited Tel: +44 (0)1838 400
Richard Gray 306
SP Angel Corporate Finance Tel +44 (0) 20 3470
LLP 0470
Nomad and Broker
Ewan Leggat / Charlie
Bouverat
Tel +44 (0) 20 7236
St Brides Partners 1177
Financial PR
Susie Geliher / Frank
Buhagiar
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END
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