RE: Kippers20 Sep 2021 17:32
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RE: Upgrade the Divi20 Sep 2021 10:08
Morn Captn n crew :
Just done a quick calc as below for the total holdings -:
RNS 20th Sept Rosego JV dilution- :
The total number of ordinary shares to be issued pursuant to the Private Placement, and assuming exercise of all of the Warrants, is 83,103,126 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"), which would represent approximately 2.87 per cent of the Company's enlarged fully diluted share capital of 2,895,111,558 Ordinary Shares.
RNS 20th May - Rosego JV Dilution:
The total number of ordinary shares to be issued pursuant to the private placement, and assuming exercise of all of the Warrants, is 106,613,502 new ordinary shares, which would represent approximately 3.72 per cent of the Company's enlarged fully diluted share capital of 2,865,315,183 ordinary shares.
So total shares inc warrents = 189,716,638
so 190M / 2,895,111,558 = 6.55% Holding.
This is over the 3% decleration rule ???
Anyway - might be an idea to check my numbers - if correct then use in your stock tracking.
Rhums all round
JT and SL - MD kipper watch