28 Mar 2011 13:41
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
28 March 2011
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")
RESULT OF GENERAL MEETING
Stellar, the AIM-quoted diamond mining and exploration company focused on West Africa, is pleased to announce that at the General Meeting held today in relation to its recently announced proposed placing to raise £6.2 million (before expenses) through a placing of 77,500,000 new Ordinary Shares, all of the Resolutions set out in the Notice of General Meeting contained in the circular were duly passed without amendment.
Application has been made for the admission of the 77,500,000 new Ordinary Shares to trading on AIM on 29 March 2011. Upon admission, the enlarged issued share capital of the Company will consist of 216,766,659 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of shares with voting rights in the Company on admission will be 216,766,659. 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 to their interest in, the share capital of the Company following admission.
Enquiries:
Stellar Diamonds plc
Karl Smithson, Chief Executive Tel: +44 (0) 7783 707 971
Angus Ogilvie, Finance Director Tel: +44 (0) 7885 201 903
RBC Capital Markets
Martin Eales / Daniel Conti Tel: +44 (0) 20 7653 4000
Northland Capital Partners Limited
Charles Vaughan
Gavin Burnell, Edward Hutton Tel: +44 (0) 20 7492 4750
Daniel Stewart & Company plc
Martin Lampshire
Oliver Rigby Tel: +44 (0) 20 7776 6550
Pelham Bell Pottinger
Charles Vivian / James MacFarlane Tel: +44 (0) 20 7861 3232