22 Oct 2019 09:25
Scotgold Resources Limited
22 October 2019
Scotgold Resources Limited
Conversion of Options and Issue of Equity
Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that 826 fully paid ordinary Scotgold shares ("Option Shares") have been issued on conversion of options exercisable at £0.40 on or before 31 December 2019.
Application will be made for the 826 Option Shares to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 28 October 2019
Following Admission, the Company's enlarged issued share capital will comprise 48,949,859 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 48,949,859. 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:
For further information -
Scotgold Resources Limited Richard Gray
| Tel: +44 (0)1838 400 306 |
SP Angel Corporate Finance LLP Nomad and Joint Broker Ewan Leggat / Charlie Bouverat
| Tel +44 (0) 20 3470 0470 |
Capital Markets Consultants Financial PR Simon Rothschild | Tel: +44(0)7703 167 065 |