Polo Resources Limited Update re Admission of GCM Consideration Shares (6898C)
12 Febrero 2020 - 1:45AM
UK Regulatory
TIDMPOL
RNS Number : 6898C
Polo Resources Limited
12 February 2020
12 February 2020
POLO RESOURCES LIMITED
("Polo" or the "Company")
Update re Admission of the GCM Consideration Shares
Polo Resources Limited (AIM: POL), the multi-sector investment
company with interests in oil, gold, coal, copper, phosphate,
lithium, iron and vanadium, announces that further to the
announcement on 6 February 2020, admission of the 44,367,795
Consideration Shares, to be issued pursuant to the transaction
between the Company's subsidiary, Polo Investments Limited ("PIL")
and GCM Resources plc ("GCM"), which were due to be admitted to
trading on AIM at 8.00 a.m. on 12 February 2020, has been delayed.
A further update will be made to shareholders in due course.
Total voting rights
The total number of ordinary shares of no par value in the
Company in issue is 311,789,151 with each share carrying the right
to one vote. The figure of 311,789,151 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 under the Disclosure and Transparency Rules.
Capitalised terms used but not defined in this announcement
shall have the meanings given to such terms in the announcement
issued by the Company dated 6 February 2020 unless otherwise
defined herein.
For further information, please contact:
Polo Resources Limited
- Kudzayi Denenga, Investor Relations +27 (0) 787 312 919
Allenby Capital Limited (Nominated adviser
& broker)
- John Depasquale +44 (0) 20 3328 5657
About the Company
Polo Resources Limited is a multi-sector investment company
focused on investing in undervalued companies and projects with
strong fundamentals and attractive growth prospects. For complete
details on Polo, please refer to: www.poloresources.com.
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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