27 Jan 2017 07:00
Central Rand Gold Limited (Incorporated as a company with limited liability under the laws of Guernsey, Company Number 45108) (Incorporated as an external company with limited liability under the laws of South Africa, Registration number 2007/019223/10) ISIN: GG00B92NXM24 LSE share code: CRND JSE share code: CRD ("Central Rand Gold" or the "Company") |
Issue and Allotment of Ordinary Shares |
Further to the announcement dated 23 January 2017 wherein shareholders were advised of the appointment of Brandon Hill Capital Limited ("Brandon Hill") as the Company's broker, Central Rand Gold is pleased to announce the issuance of 936,330 ordinary shares (the "Relevant Shares") in the Company to Brandon Hill as part consideration of their fee, in accordance with the terms of their engagement letter. Application has therefore been made for the Relevant Shares to be admitted to trading on both AIM and the JSE, with admission to take place on 1 February 2017. The Relevant Shares will rank pari passu in all respects with all existing ordinary shares in the Company.
Following admission of the Relevant Shares, the Company's enlarged issued share capital will comprise 208,687,028 ordinary shares with voting rights. This figure of 208,687,028 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 Disclosure Rules and Transparency Rules of the United Kingdom Listing Authority.
For further information, please contact:
Central Rand Gold +27(0) 87 310 4400
Lola Trollip
ZAI Corporate Finance Limited - Nominated Adviser +44 (0) 20 7060 2220
John Treacy / Jamie Spotswood
Brandon Hill Capital Limited - Broker +44 (0)20 3463 5000
Jonathan Evans / Wei Jiao
Merchantec Capital - JSE Sponsor +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves
Johannesburg
27 January 2017
Sponsor
Merchantec Capital