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Share Purchase Plan - For Polish Residents

24 Jul 2020 07:35

RNS Number : 0003U
Prairie Mining Limited
24 July 2020
 

PRAIRIE MINING LIMITED

 

NEWS RELEASE | 24 July 2020

 

SHARE PURCHASE PLAN - FOR POLISH RESIDENTS

 

Prairie Mining Limited (Prairie or Company) advises that in relation to the Share Purchase Plan (SPP) announced on 21 July 2020, the Polish Information Memorandum will be published in the coming days and that Polish residents may participate in the SPP using Polish złoty (PLN).

 

The Issue Price of the SPP for Polish residents will be PLN0.69 which is the PLN equivalent of the A$0.25 issue price. To participate in the SPP, the parcels available for Polish residents are the following:

 

 

Subscription Amount

Number of Shares

Parcel A

A$30,000 (PLN82,800)

120,000

Parcel B

A$25,000 (PLN69,000)

100,000

Parcel C

A$20,000 (PLN55,200)

80,000

Parcel D

A$15,000 (PLN41,400)

60,000

Parcel E

A$10,000 (PLN27,600)

40,000

Parcel F

A$5,000 (PLN13,800)

20,000

Parcel G

A$2,000 (PLN5,520)

8,000

 

The SPP opened yesterday and will close at 5:00pm (Perth time) on 14 August 2020.

 

The Company encourages shareholders eligible to participate in the SPP to lodge their SPP application forms and/or remit their application ponies as soon as possible as the Company will not accept any late applications and reserves the right, subject to the Corporations Act and the ASX Listing Rules, to vary the closing date without prior notice, including closing the SPP early.

 

For further information, please contact:

 

Prairie Mining Limited

Tel: +44 207 478 3900

Ben Stoikovich, Chief Executive Officer

Email: info@pdz.com.au

Sapan Ghai, Head of Corporate Development

Kazimierz Chojna, Commercial Officer

 

 

This announcement has been authorised for release by the Company Secretary.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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