Last checked at 26 Jun 2015 12:00
Armadale Capital Plc (‘Armadale’ or ‘the Company’)
Exercise of Warrants
Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has received notice of exercise in respect of 583,333 warrants at a price of 3.375p per ordinary share. Accordingly the Company has today issued 583,333 ordinary shares arising from the exercise.
The Company has applied for admission of the 583,333 new shares to trading on AIM. Dealings are expected to become effective on 2 July 2015 (‘Admission’). Following Admission, the Company will have 42,843,866 shares in issue with each share carrying the right to one vote. There are no shares currently held in treasury. The total number of voting rights in the Company therefore will be 42,843,866 and this figure may be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Rules and Transparency Rules.
**ENDS**
Enquiries:
Armadale Capital
Charles Zorab, Company Secretary +44 20 7233 1462
Nomad: finnCap Limited
Stuart Andrews +44 207 220 0500
Christopher Raggett
Press relations: St Brides Media & Finance Ltd.
Hugo de Salis +44 207 236 1177
Charlotte Heap
More information can be found on the website www.armadalecapitalplc.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150626005211/en/
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