7 Oct 2021 18:07
07 October 2021
Kazera Global Plc
Exercise of Warrants
Kazera Global Plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that the Company has issued 16,666,666 ordinary shares in the Company ("Ordinary Shares") to satisfy the exercise of warrants by two of the Company's Directors, Giles Clarke and Nick Harrison. The exercise price for the warrants is 0.3 pence per share.
Application has been made to the London Stock Exchange to admit 16,666,666 new Ordinary Shares to trading on AIM. Admission of the New Ordinary Shares is expected to occur on or around 13 October 2021 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following the exercise of these warrants, Giles Clarke will increase his holding in the Company to 28,166,076 representing 3.76% of the issued share capital. Nick Harrison will increase his holding to 28,232,742 representing 3.77% of the issued share capital. A further 14,338,095 shares representing 1.92% of the issued share capital of the Company are held by Westleigh Investments Holdings Ltd, a company owned by Giles Clarke and Nick Harrison.
Following Admission, the issued share capital of the Company will be 747,462,275 Ordinary Shares and this figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in the Company under the Disclosure Guidance and Transparency Rules published by the UK Financial Conduct Authority. There are no Ordinary Shares held in treasury and each Ordinary Share entitled the holder to a single vote at general meetings of the Company. Therefore, the total number of voting rights in the Company will be 747,462,275.
For further information on the Company, visit: www.kazeraglobal.com
Kazera Global plc (c/o Camarco) Larry Johnson / Dennis Edmonds (Joint CEO's) | Tel: +44 (0)203 757 4980 |
finnCap (Nominated Adviser and Joint Broker) Christopher Raggett / Tim Harper (corporate finance) |
Tel: +44 (0)207 220 0500 |
Camarco (PR) Gordon Poole / James Crothers / Hugo Liddy |
Tel: +44 (0)20 3781 8331 |
**ENDS**
About Kazera Global
Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Giles Clarke | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | Chairman | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Kazera Global plc | ||||||
b) | LEI | 213800U4PZ148SFLGY26 | ||||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the Financial instrument, type of instrument | Exercise of Warrants over Ordinary Shares | ||||||
Identification code | GB00B830HW33 | |||||||
b) | Nature of the transaction | Exercise of Warrants and Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: Aggregated volume Price |
See 4c) above
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e) | Date of the transaction | 6 October 2021 | ||||||
f) | Place of the transaction |
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Nick Harrison | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | Director | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Kazera Global plc | ||||||
b) | LEI | 213800U4PZ148SFLGY26 | ||||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the Financial instrument, type of instrument | Exercise of Warrants over Ordinary Shares | ||||||
Identification code | GB00B830HW33 | |||||||
b) | Nature of the transaction | Exercise of Warrants and Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: Aggregated volume Price |
See 4c) above
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e) | Date of the transaction | 6 October 2021 | ||||||
f) | Place of the transaction |
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Kazera Global (KZG)