12 Oct 2018 10:40
Herencia Resources plc
("Herencia" or the "Company")
Issue of Shares
Herencia Resources plc ("Herencia") advises that, on 11th October 2018, the Board granted the issue of 100,000,000 ordinary shares ("New Ordinary Shares") in the Company to Mr. Sergio Avendano at a price of 0.038 pence per share. The New Ordinary Shares have been granted in lieu of payment equivalent to US$50,000 for past unpaid salaries and services completed by Mr. Sergio Avendano.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM (the "Admission"), and dealings in the new Ordinary Shares are expected to commence on or around 25th October 2018.
Following the issue of the New Ordinary Shares the total number of Ordinary Shares in issue is 10,908,517,793. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company is 10,908,517,793. This figure 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 to their interest under the Disclosure and Transparency Rules.
For further information please contact:
Carl Dumbrell, Herencia Resources plc | +61 402277282 |
Jeff Williams, Herencia Resources plc | +61 418594324 |
Katy Mitchell, James Sinclair-Ford, WH Ireland Limited (NOMAD & Broker) | +44 161 832 2174 |