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Conversion of Options

8 May 2017 09:15

RNS Number : 4546E
Scotgold Resources Ltd
08 May 2017
 

Scotgold Resources Limited

8 May 2017

 

Scotgold Resources Limited

 

Conversion of Options and Issue of Equity

 

Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that 179,784 fully paid ordinary Scotgold shares ("Option Shares") have been issued on conversion of options exercisable at £0.01 on or before 30 September 2017.

 

Application will be made for the Option Shares to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 12 May 2017.

 

Following Admission, the Company's enlarged issued share capital will comprise 1,593,220,665 ordinary shares with voting rights. The Company does not hold any shares in treasury, therefore the total number of shares in the Company with voting rights will be 1,593,220,665. 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 in their interest in, the share capital of the Company.

 

 

For further information please contact:

 

Scotgold Resources

Limited

Stockdale Securities

Limited

Capital Markets

Consultants

Smaller Company Capital

 Ltd

Richard Gray - CEO

 

 

Robert Finlay/

 Ed Thomas

Simon Rothschild

Rupert Williams

Tel: +44 (0)1838 400 306

Tel: +44 (0)20 7601 6100

Tel +44 (0)7703 167 065

Tel: +44 (0)20 3651 2911

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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