RE: Historical prices16 Mar 2024 10:43
GCM Resources plc ("GCM" or the "Company"), an AIM quoted mining and energy company, announces that it has received notification from James Hobson, a former director, to exercise 425,000 options ("Options") over new ordinary shares of 10 pence each in the capital of the Company (the "Option Shares") at a price of 11 pence per Option Share. The consideration received by the Company on the exercise of the Options is, in aggregate, £46,750.
Application has been made for the Option Shares to be admitted to trading on AIM, which is expected to become effective on 28 June 2019 ("Admission"). The Option Shares will rank pari passu with the ordinary shares of the Company in issue.
Following Admission, the Company's enlarged issued share capital will comprise 98,638,655 ordinary shares with voting rights in the Company.