GoldPlat Share News (GDP)

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16.25 0.00 (0.00%)

Bid:

16.00

Ask:

16.50

Spread: 0.50 (3.125%)

Market Cap: £27.75m

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Goldplat progresses restructuring plan

Fri, 19th Feb 2021 13:14

(Sharecast News) - South Africa and Ghana-focussed gold producer Goldplat updated the market on its proposed restructuring on Friday.
The AIM-traded firm had said on 15 February that the 74% shareholding of intermediate holding company Gold Minerals Resources in Goldplat Recovery (GPL) had been transferred to Goldplat.

It said on Friday that the transfer of that shareholding remained subject to the waiver of preemptive rights by minority shareholders of GPL.

"The consultation process with the minority shareholders is underway and the company will keep the market updated as the transfer of shares and the restructuring plan generally is progressed and completed," the board said in its statement.

At 1148 GMT, shares in Goldplat were down 5.06% at 7.5p.