Last checked at 23 Dec 2021 12:50
For immediate release
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
23 December 2021
Galileo Resources Plc
("Galileo" or "the Company")
Exercise of Warrants
Total Voting Rights
Galileo Resources plc ("Galileo "or the "Company") confirms that it has issued a total of 2,812,500 fully paid ordinary shares in the Company (the "New Ordinary Shares") at a price of 0.8p per share pursuant to the exercise of warrants in terms of the Placing Agreement dated 30 May 2020 (RNS announced 1 June 2020). Application will be made for admission of the New Ordinary Shares to trading on AIM ("Admission"), with Admission expected to occur on around 31 December 2021.
Following the issue of the New Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 1,091,946,844 ordinary shares in issue, all of which have voting rights. Shareholders in the Company may use this figure as the denominator for the calculation, by which they would determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
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For further information, please contact: Galileo Resources PLC
Colin Bird, Chairman Edward Slowey, Executive Director | Tel +44 (0) 20 7581 4477 Tel +353 (1) 601 4466 |
Beaumont Cornish Limited - Nomad Roland Cornish/James Biddle | Tel +44 (0) 20 7628 3396 |
Novum Securities Limited - Joint Broker Colin Rowbury /Jon Belliss | +44 (0) 20 7399 9400 |
Shard Capital Partners LLP - Joint Broker Damon Heath | Tel +44 (0) 20 7186 9952 |