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Pin to quick picksKazera Global Regulatory News (KZG)

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Exercise of Warrants

4 Oct 2021 16:07

RNS Number : 9587N
Kazera Global PLC
04 October 2021
 

04 October 2021

Kazera Global Plc

Exercise of Warrants

 

Kazera Global Plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that the Company has issued 5,000,000 ordinary shares in the Company ("Ordinary Shares") to satisfy the exercise of warrants. The exercise price for the warrants is 1 pence per share.

 

Application has been made to the London Stock Exchange to admit 5,000,000 new Ordinary Shares to trading on AIM, Admission of the New Ordinary Shares is expected to occur on or around 8 October 2021 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

 

The Company has also agreed, in exchange for the warrant holder agreeing to hold new shares issued to them for a period of at least 3 months, to issue them a further 5,000,000 warrants with an exercise price of 2 pence per share, exercisable on or before 4 January 2023.

 

Following Admission, the issued share capital of the Company will be 730,795,609 Ordinary Shares and this figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in the Company under the Disclosure Guidance and Transparency Rules published by the UK Financial Conduct Authority. There are no Ordinary Shares held in treasury and each Ordinary Share entitled the holder to a single vote at general meetings of the Company. Therefore, the total number of voting rights in the Company will be 730,795,609.

 

For further information on the Company, visit: www.kazeraglobal.com

 

Kazera Global plc (c/o Camarco)

Larry Johnson / Dennis Edmonds (Joint CEO's)

Tel: +44 (0)203 757 4980

 

finnCap (Nominated Adviser and Joint Broker)

Christopher Raggett / Tim Harper (corporate finance)

 

Tel: +44 (0)207 220 0500

 

Camarco (PR)

Gordon Poole / James Crothers / Hugo Liddy

 

 

Tel: +44 (0)20 3781 8331

 

**ENDS**

 

About Kazera Global

Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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