RE: rns18 Jun 2020 13:48
Armadale Capital plc, the AIM quoted investment group focused on natural resource projects in Africa, announces that application has been made for the Block Admission of 83,274,220 ordinary shares of 0.1 pence each in the capital of the Company ("New Ordinary Shares" and "Ordinary Shares"), ranking pari passu with the Company's existing Ordinary Shares. These New Ordinary Shares may be issued from time to time pursuant to the exercise of existing Warrants and Convertible Loan Notes by their respective holders.
It is expected that admission will become effective in the New Ordinary Shares on 23 June 2020 ("Admission"). The Company's issued share capital currently consists of 459,519,667 Ordinary Shares, with no shares held in Treasury.