Pembridge Resources plc Statement re Share Consolidation (7966U)
16 Julio 2018 - 10:31AM
UK Regulatory
TIDMPERE
RNS Number : 7966U
Pembridge Resources plc
16 July 2018
16 July 2018
Pembridge Resources plc
("Pembridge Resources" or the "Company")
Share Consolidation Update
The Company hereby confirms that the share consolidation of
every 10 existing ordinary shares of nominal value 0.1 pence (each,
an "Existing Ordinary Share") each into 1 new ordinary share of
nominal value 1 pence each (each, a "New Ordinary Share") which was
approved at today's General Meeting and the associated crediting of
CREST accounts with New Ordinary Shares will take effect
immediately prior to re-admission of the New Ordinary Shares to
listing on the standard segment of the Official List and to trading
on the main market for listed securities of the London Stock
Exchange plc ("Admission").
The Company will inform the market of the expected date of
Admission in due course.
The Existing Ordinary Shares will be disabled in CREST at close
of business on the day prior to Admission and the existing ISIN:
GB00B32W6Z85 will expire at that time.
The new ISIN: GB00BG107324 in respect of the New Ordinary Shares
will be enabled and available for transaction on the date of
Admission.
New share certificates in respect of the New Ordinary Shares
will be sent to shareholders who hold their shares in certificated
form 10 working days after the date of Admission, with their old
certificates becoming void at close of business on the day prior to
Admission.
For further information on the Company, visit:
http://www.pembridgeresources.com
For further information please contact:
Pembridge Resources plc
David Linsley, Chief Executive Officer T: +44 (0)207 917 2968
About Pembridge Resources plc
Pembridge Resources is a mining focussed SPAC listed on the main
market for listed securities of the London Stock Exchange plc. The
Company's management is composed of a team of senior leaders with
experience in various board and executive positions with a
complementary mix of expertise in geology, engineering, project
appraisal, and commercial development across a wide range of
commodity groups and mining jurisdictions.
The Company recently announced that it had signed a Share
Purchase Agreement with Capstone Mining Corp to acquire a 100%
interest in the Minto copper mine in Canada's Yukon territory
through the purchase of Capstone's 100% interest in Minto
Explorations Ltd.
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
STRUNOVRWRABAAR
(END) Dow Jones Newswires
July 16, 2018 11:31 ET (15:31 GMT)
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