Last checked at 11 Mar 2024 08:00
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
11 March 2024
Hummingbird Resources plc
("Hummingbird", "Group" or the "Company")
Block Listing Six Monthly Return
Hummingbird (AIM: HUM) announces the following update on its block admission of shares, potentially subject to relevant performance criteria, to be issued to holders of options granted as part of the Company's incentive schemes. This update is regulatory and is required every six months under the FCA's Disclosure Guidance and Transparency Rules.
Between 12 September 2023 to 11 March 2024, 4,639,870 ordinary share options lapsed. As such, the balance under the schemes of securities not issued at the end of the period subject to the block admission totalled 19,204,074 ordinary shares.
Name of company: | Hummingbird Resources plc |
Name of schemes: | The Hummingbird Resources plc - Unapproved Share Option Scheme, the Hummingbird Resources Limited EMI Share Option Plan 2010, HIPPO 2016, HIPPO 2018, HIPPO 2020, 2021 LTIP, 2022 LTIP, 2023 LTIP and other share option schemes |
Period of return: | From: 12 September 2023 To: 11 March 2024 |
Balance of unallotted securities under scheme(s) from previous return: | 23,843,944 ordinary shares |
The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): | Nil ordinary shares |
Number of securities issued/allotted under the scheme during the period: | Nil ordinary shares |
Number of securities lapsed under the schemes during the period: | 4,639,870 ordinary shares |
Balance under the schemes of securities not yet issued at the end of the period subject to the block admission: | 19,204,074 ordinary shares |
Name of contact: | Tracey Fung, Company Secretary |
Telephone number of contact: | +44 (0) 207 409 6660 |
Total Voting Rights
On 11 March 2024, the total number of voting rights in the Company is 799,374,658. This figure may be used by shareholders 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 in the Company under the FCA's Disclosure Guidance and Transparency Rules.
**ENDS**
Notes to Editors:
Hummingbird Resources plc (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold producing Company, member of the World Gold Council and founding member of Single Mine Origin (www.singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production once at commercial production. Further, the Company has a 51% controlling interest in the Dube Gold Project in Liberia that is being developed by joint venture partners, Pasofino Gold Limited. The final feasibility results on Dugbe demonstrate 2.76Moz in Reserves and strong economics such as a 3.5-year capex payback period once in production, and a 14-year life of mine at a low AISC profile. The Company's vision is to continue to grow our asset base, producing profitable ounces, while adhering to the highest international standards of Environmental, Social & Governance ("ESG") policies and practices.
For further information, please visit hummingbirdresources.co.uk or contact:
Daniel Betts, CEO Thomas Hill, FD Edward Montgomery, CD | Hummingbird Resources plc | Tel: +44 (0) 20 7409 6660 |
James Spinney Ritchie Balmer | Strand Hanson Limited Nominated Adviser | Tel: +44 (0) 20 7409 3494 |
James Asensio Ana Ercegovic | Canaccord Genuity Limited Broker | Tel: +44 (0) 20 7523 8000 |
Bobby Morse Oonagh Reidy George Cleary | Buchanan Financial PR/IR | Tel: +44 (0) 20 7466 5000 Email: HUM@buchanan.uk.com |