Sign In
8 Aug 2013 07:00
Paragon Resources PLC
("Paragon" or the "Company")
(AIM: PAR; ISDX: PA)
Issue of Equity
8 August 2013
Following the passing of the resolutions at the Class Meeting of the Company's Preference Shareholders on 24 July 2013 and EGM of the Company's Ordinary Shareholders on 19 June 2013, the Company has today redeemed all 1,028,075 outstanding Preference Shares through the pro-rata issue of 172,237,386 new Ordinary Shares and 1,883,912,614 Deferred Shares. An application has been made to admit the new Ordinary Shares for admission to trading on AIM with effect from 13 August 2013. Following the issue of the new Ordinary Shares, the Company will have a total of 344,474,766 Ordinary Shares in issue.
The significant shareholders of the Company are now as follows:
SHAREHOLDER | NUMBER OF ORDINARY SHARES HELD | PERCENTAGE OF ORDINARY SHARES HELD |
LYNCHWOOD NOMINEES LIMITED | 79,437,859 | 23.06% |
VIDACOS NOMINEES LIMITED | 19,859,465 | 5.77% |
MAREK STEFAN GUMIENNY | 19,859,465 | 5.77% |
TOMAS ALLAN* | 15,962,380 | 4.63% |
AURORA NOMINEES LIMITED | 15,887,237 | 4.61% |
SMITH & WILLIAMSON NOMINEES LIMITED | 14,497,041 | 4.21% |
JOHN ALLAN** | 13,194,663 | 3.83% |
THE INVESTMENT COMPANY PLC | 11,319,929 | 3.29% |
* This includes 10,323,584 Ordinary Shares held by Apex Utilities Limited, a company in which Mr T Allan has a beneficial interest.
** These Ordinary Shares are held by Ekasure Limited, a company in which Mr J Allan has a beneficial interest.
(All definitions are as defined in the announcement of 21 June 2013.)
For further information, please contact:
Paragon Resources plc Simon Hunt (Chairman)
+44 7733 337 755
www.paragon-resources.com | Allenby Capital Limited (Nominated Adviser and Broker) Nick Harriss/Jeremy Porter/James Reeve
+44 20 3328 5656
www.allenbycapital.com
|
Follow the stocks
