24 Nov 2014 13:40
24 November 2014
Beacon Hill Resources Plc / AIM: BHR / Sector: Mining
Beacon Hill Resources Plc ('Beacon Hill or 'the Company')
Issue and Allotment of Ordinary Shares following Exercise of Anti-Dilution Warrants
Beacon Hill hereby announces that the Company has received a notice of exercise by Henderson Global Investors Limited ('Henderson') to exercise 155,578,530 anti-dilution warrants at 0.01p. Details of the anti-dilution warrants were announced to the market on 15 September 2014. Application has been made for the shares to be admitted to trading on AIM with admission expected to take place on or about 28 November 2014. The Shares will rank pari passu in all respects with all existing ordinary shares in the Company.
Following admission of the Shares, the Company's enlarged issued share capital will comprise 3,892,522,487 ordinary shares with voting rights. This figure of 3,892,522,487 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
**ENDS**
For further information, please contact: | |
Beacon Hill Resources Plc | |
Justin Farr-Jones, Chairman (jfarr-jones@bhrplc.com) Rowan Karstel, Chief Executive Officer (rowan.karstel@bhrplc.com) | |
Canaccord Genuity Limited (Nominated Adviser and Broker) Neil Elliot / Tim Balston |
+44 20 7523 8000 |
St Brides Media & Finance Limited (Financial Public Relations) Susie Geliher / Elisabeth Cowell |
+44 20 7236 1177 |