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Pin to quick picksBerkeley Eng Regulatory News (BKY)

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25.00    1.40 (5.74%)
Bid:
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Ask:
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Spread: 2.00 (8.333%)
Market Cap: £115.14m
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Rights Issue

12 Jun 2009 09:17

RNS Number : 8034T
Berkeley Resources Limited
12 June 2009
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12 JuneΒ 2009

RIGHTS ISSUEΒ - SHORTFALL

Berkeley ResourcesΒ LimitedΒ is pleased to announce that the Company has received applications for 5,064,510 Shares at an issue price of $0.50 each under the one for twenty non renounceable rights issue.

The shortfall for the rights issue is 815,074 Shares. In accordance with the terms of the rights issue, the Directors will exercise their discretion to issue the Shortfall Securities.Β 

Application will be made for the new shares to be admitted to trading on AIM and admission is expected to take place on 19 June 2009.

Enquiries - Managing Director: Matt Syme Tel: +61 417 906 717

RBC Capital Markets:Β  Martin Eales Tel: +44 20 7029 7881

This information is provided by RNS
The company news service from the London Stock Exchange
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