RE: RNS11 Oct 2018 08:06
Exercise of Options
The Board of SolGold plc (SolGold or the Company) wishes to advise of the allotment and issue of 19,591,768 new ordinary shares as a result of the exercise of share options, half exercisable at 14p and half exercisable at 28p, pursuant to the agreement with Maxit Capital LP as announced on 1 August 2016.
Application has been made to the London Stock Exchange Main Market and admission is expected on or around 16 October 2018.
Following the exercise of these options, the Company now has on issue a total of 1,716,387,454 fully paid ordinary shares, 21,450,000 options exercisable at 28p, 21,250,000 options exercisable at 40p and 47,012,000 options exercisable at 60p.