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Last day of trading in Paid Subscribed SDRs

16 Dec 2020 15:00

RNS Number : 8936I
Beowulf Mining PLC
16 December 2020
 

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR PUBLICATION, RELEASE OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, SINGAPORE, SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

 

 

16 December 2020 

Beowulf Mining plc 

("Beowulf" or the "Company") 

Last day of trading in Paid Subscribed SDRs

Beowulf (AIM: BEM; Spotlight: BEO) announces that the last day of trading in Paid Subscribed SDRs of the SDR Rights Issue is 21 December 2020.

Through the SDR Rights Issue, Beowulf raised approximately SEK 56.7 million (gross). The last day of trading in Paid Subscribed SDRs is 21 December 2020.

Following registration of New SDRs in the VPC system, Paid Subscribed SDRs will be automatically converted into New SDRs without any special notification from Euroclear Sweden. The New SDRs are expected to be available on VPC accounts on or around 29 December 2020.

Definitions:

Words and phrases defined in the Company's Prospectus dated 16 November 2020 have the same meaning as in this announcement.

Enquiries:

Beowulf Mining plc

 

Kurt Budge, Chief Executive Officer

Tel: +44 (0) 20 3771 6993

 

 

SP Angel

(UK Financial Adviser, Nominated Adviser & Broker)

 

Ewan Leggat / Stuart Gledhill

Tel: +44 (0) 20 3470 0470

 

 

Sedermera Fondkommission

 

Swedish Financial Adviser and Broker

Tel: +46 (0) 40-615 14 10

 

 

Bird & Bird

 

Legal adviser to the Company as to Swedish law

Tel: +46 (0)8 506 320 00

 

 

Blytheweigh

 

Tim Blythe / Megan Ray

Tel: +44 (0) 20 7138 3204

 

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