Berkeley Eng Regulatory News (BKY)

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 4 June 2018 | AIM/ASX: BKY

Publication of Prospectus - Intention to list on the Main Board of the London Stock Exchange and on the Spanish Stock Exchanges

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

This announcement is for information purposes only (an advertisement) and is not a prospectus. Investors should not subscribe for or purchase any transferable securities referred to in this announcement except on the basis of information in the Prospectus dated 1 June 2018 published by Berkeley (and together with its subsidiaries, the "Group") in connection with the proposed admission of its ordinary shares to the standard listing segment of the Official List of the FCA and to trading on the Main Market for listed securities of the London Stock Exchange. Copies of the prospectus (together with Spanish translation of the summary section of the prospectus) are available for inspection from the Company's registered office and from the Company's website www.berkeleyenergia.com

Berkeley Energia Limited ("Berkeley" or "Company") is pleased to announce that the UK Listing Authority has approved the publication of its Prospectus, copies of which together with the Spanish translation of the summary section of the Prospectus, are now available on its website at www.berkeleyenergia.com/investor-relations/company-reports/ and will also be submitted to the National Storage Mechanism, where it will be available for inspection at www.morningstar.co.uk/uk/nsm.

Application has been made to passport the Prospectus to the Spanish National Securities Market Commission (passporting). The Prospectus has been prepared in support of the Company's applications for admission of its ordinary shares ("Shares"): (i) to the standard listing segment of the Official List of the UK Financial Conduct Authority ("FCA") and to the London Stock Exchange ("LSE") for trading on its main market for listed securities (together "LSE Admission") and (ii) to trading on the main market of the Madrid, Valencia, Bilbao and Barcelona stock exchanges ("SSE") ("SSE Admission").

It is expected that the LSE Admission will be effective from Wednesday 6 June 2018 and the SSE Admission from Thursday 7 June 2018. Trading in the Company's shares on AIM will be cancelled simultaneously on LSE Admission. Existing AIM shareholders do not have to take any action to maintain their holdings as their shares will automatically be admitted to trading on the standard listing segment of the LSE.

Berkeley will trade on the Australian Securities Exchange ("ASX"), LSE and SSE under the ticker BKY.

Renta 4 Banco has been appointed as the Company's broker in Spain.

The admissions seek to position Berkeley for the next stage of its development by further raising the profile of the Company and facilitating the future participation of UK, Spanish and other European investors in Berkeley's growth.

Berkeley's Managing Director & CEO, Paul Atherley, commented:

We are pleased to be listing Berkeley on both the Main Board of the London Stock Exchange and the Spanish Stock Exchanges. It represents a major step forward for the Company as we progress with the Salamanca Project, providing economic stimulus and creating badly needed jobs in a region with some of the highest levels of unemployment in Europe.

The Company will be Spain's only listed mining company and we look forward to being a part of the country's modern mining history and creating long-term shareholder value."

Berkeley's existing listing on the ASX will remain unchanged. Berkeley's shares (or depository interests representing shares) will be transferable between the ASX, LSE and SSE. Instructions on how to transfer your shares from one exchange to the other will be available on the Company's website at www.berkeleyenergia.com/investor-relations/share-information/.

The Company is not raising any funds or issuing any new shares in connection with LSE Admission and SSE Admission. The Company's shares will continue to be registered with their existing ISIN number AU000000BKY0 and SEDOL number B1KZDW4. On the LSE Admission and SSE Admission, the Company's issued share capital will be 254,684,420 ordinary shares.

The dates set out for the LSE Admission and SSE Admission above, and in any other document issued in connection with the LSE Admission and SSE Admission are subject to change by the Company, in which event details of the new dates will be notified to the ASX, UKLA, the LSE and, where appropriate, shareholders.

The Company's existing shareholders should consult their own tax advisers as to the tax implications of the Company's proposed move to the standard listing segment of LSE.

Forward Looking Statements

Statements regarding plans with respect to Berkeley's mineral properties are forward-looking statements. There can be no assurance that Berkeley's plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that Berkeley will be able to confirm the presence of additional mineral deposits, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of Berkeley mineral properties. These forward-looking statements are based on Berkeley's expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Berkeley, which could cause actual results to differ materially from such statements. Berkeley makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.