Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRed Rock Resources Regulatory News (RRR)

Share Price Information for Red Rock Resources (RRR)

Share Price is delayed by 15 minutes
Get Live Data
0.025    -0.0005 (-1.96%)
Bid:
0.024
Ask:
0.026
Spread: 0.002 (8.333%)
Market Cap: £2.39m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Convertible Bond Conversion

25 Jun 2014 07:00

RNS Number : 4461K
Red Rock Resources plc
25 June 2014
 



Red Rock Resources Plc

("Red Rock" or the "Company")

Convertible Bond Conversion

25 June 2014

Red Rock announces that YA Global Master SPV, Ltd. ('YA Global'), which is advised by Yorkville Advisors LLC ('Yorkville'), has converted £200,000 of its £550,000 unsecured Convertible Bonds, which are due for repayment in April 2015, into 75,386,355 ordinary shares of 0.1 pence each ("Shares") in the Company under the terms of the Convertible Bond Instrument ("Convertible") as announced on 30 April 2014, at a price of £0.002653 per Share (the "Conversion").

 

Following the Conversion, YA Global will hold 75,386,355 shares or 3.9% of the Company's total voting rights.

 

As announced on 30 April 2014, the proceeds of the Convertible Bond have been applied to debt reduction and to working capital purposes.

 

Following the Conversion, the Company's total issued ordinary share capital will be 1,934,587,543 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 30 June 2014.

 

The above figure of 1,934,587,543 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 Disclosure and Transparency Rules.

 

 

For further information contact:

 

Andrew Bell 0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources plc

Colin Aaronson / David Hignell 0207 383 5100 NOMAD Grant Thornton UK LLP

Nick Emerson 01483 413500 Broker SI Capital Ltd.

Saif Janjua 0207 382 8416 Joint Broker Beaufort Securities Ltd

Rupert Trefgarne 0203 128 8817 Media Relations MHP Communications

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCVZLFLZQFLBBQ
Date   Source Headline
22nd Mar 201812:12 pmRNSHolding(s) in Company
20th Mar 20187:00 amRNSJupiter - buy back completed, prospectus published
15th Mar 20184:58 pmRNSHolding(s) in Company
9th Mar 20181:03 pmRNSIssue of Equity and Total Voting Rights
22nd Feb 201811:29 amRNSIssue of Equity and Total Voting Rights
21st Feb 20187:00 amRNSSteelmin repays Red Rock Loan
31st Jan 20187:00 amRNSUpdate and TVR
22nd Jan 20189:19 amRNSJupiter Mines - Further Buy-Back
18th Jan 20187:00 amRNSUpdate on Steelmin
3rd Jan 20187:15 amRNSAlign Research coverage initiation
3rd Jan 20187:00 amRNSHolding(s) in Company
22nd Dec 201712:30 pmRNSResult of AGM
21st Dec 20174:59 pmRNSIssue of Equity, Directors' Dealings and TVR
18th Dec 20179:32 amRNSDirectors' Dealings
15th Dec 201710:07 amRNSDirectors' Dealings
14th Dec 20172:49 pmRNSHolding(s) in Company
14th Dec 20179:58 amRNSIssue of Convertible Notes and Warrants
12th Dec 20175:51 pmRNSIssue of Convertible Notes and Warrants
11th Dec 201712:32 pmRNSHolding(s) in Company
6th Dec 20176:23 pmRNSPosting of Annual Financial Report & Notice of AGM
6th Dec 201710:13 amRNSJupiter Mines Interim Results
5th Dec 201710:40 amRNSJupiter Mines Update
5th Dec 20177:00 amRNSFurther Extension of Due Diligence Period
23rd Nov 20173:56 pmRNSAnnual Financial Report
17th Nov 20175:48 pmRNSHolding(s) in Company
17th Nov 20172:26 pmRNSHolding(s) in Company
16th Nov 20177:00 amRNSJupiter Mines Update
10th Nov 20177:00 amRNSIssue of Convertible Loans and Warrants
3rd Nov 20175:06 pmRNSExtension of Due Diligence Period
1st Nov 20177:00 amRNSChange of Broker
31st Oct 20177:00 amRNSIssue of Equity and TVR
18th Oct 20174:33 pmRNSDue Diligence Process on Potential JV
9th Oct 20174:10 pmRNSDirector/PDMR Shareholding
9th Oct 20177:00 amRNSIssue of Shares under Share Incentive Plan
29th Sep 20175:02 pmRNSHolding(s) in Company
28th Sep 20177:00 amRNSJupiter Mines Buy-Back Update
26th Sep 201711:50 amRNSConditional JV to develop cobalt/copper tailings
22nd Sep 201712:04 pmRNSHolding(s) in Company
20th Sep 201711:04 amRNSRepayment on Loan Note
15th Sep 20179:21 amRNSHolding(s) in Company
11th Sep 201712:09 pmRNSJupiter Mines Buy-Back
8th Sep 20177:00 amRNSUpdate on Steelmin Investment
6th Sep 201712:42 pmRNSShoats Creek Update
31st Jul 20177:00 amRNSJupiter Mines: Update
21st Jul 201711:52 amRNSShoats Creek Update
14th Jul 20177:00 amRNSJupiter Mines: Update
3rd Jul 201711:19 amRNSUpdate on Steelmin Limited Investment
28th Jun 20173:29 pmRNSHolding(s) in Company
27th Jun 20171:57 pmRNSJupiter Mines: Update
23rd Jun 20177:00 amRNSAcquisition of Interest in Steelmin Limited

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.