W Resources PLC Issue of Shares to a Director and Others (8907M)
26 Enero 2021 - 02:01AM
UK Regulatory
TIDMWRES
RNS Number : 8907M
W Resources PLC
26 January 2021
26 January 2021
W Resources Plc
("W" or the "Company")
Issue of Shares
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining
company with assets in Spain and Portugal, announces that it has
issued 247,290,458 ordinary shares of 0.1p per share ("Ordinary
Shares") at a deemed price of 0. 1113p per Ordinary Share.
The first tranche of GBP44,603.03, forms part of Director, Pablo
Neira's 2020 remuneration package, (see table below) and the second
tranche of GBP230,631.25 is issued to technical and professional
creditors.
No. of Shares Issued No. of Shares Held After % Holding
Placing
------------- --------------------- ------------------------- ----------
Pablo Neira 40,074,602 40,074,602 0.53
------------- --------------------- ------------------------- ----------
Application will be made for the new Ordinary Shares to be
admitted to trading on AIM with admission expected to occur on or
around 1 February 2021 .
Following admission of the new Ordinary Shares, the Company's
enlarged issued share capital will comprise 7,613,036,507 Ordinary
Shares with voting rights. The Company has no shares held in
Treasury. This figure of 7,613,036,507 Ordinary Shares 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 in their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the UK Market
Abuse Regulation. Upon the publication of this announcement, this
inside information is now considered to be in the public
domain.
Enquiries:
W Resources Plc Grant Thornton UK LLP
Paul Hailes Colin Aaronson / Seamus Fricker
investors@wresources.com T: +44 (0) 20 7383 5100
www.wresources.com
Joint Broker Joint Broker
Turner Pope Investments (TPI) Alternative Resource Capital /
Ltd Shard Capital
Andy Thacker / Zoe Alexander Alex Wood
T: +44 (0) 203 657 0050 T:+44 (0) 20 7186 9004
www.turnerpope.com www.altrescap.com
Damon Heath
T:+44 (0) 20 7186 9952
www.shardcapital.com
Alma PR
Justine James
T: +44 (0) 20 3405 0205
M: +44 (0) 7525 324431
wres@almapr.co.uk
Notification of Transactions of Persons Discharging Managerial
Responsibility and Persons Closely Associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Pablo Neira
-------------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Executive Director
-------------------------------------- --------------------------------------------
b) Initial notification /Amendment Initial notification
-------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name W Resources Plc
-------------------------------------- --------------------------------------------
b) LEI 213800H66EK87TAOS666
-------------------------------------- --------------------------------------------
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 Ordinary shares of 0.1 pence each
instrument, type of instrument
Identification code GB00B0358H47
b) Nature of the transaction Issue of shares in lieu of Directors'
fees
Price(s) and volume(s) Price(s) Volume(s)
0.1113 pence 40,074,602
d) Aggregated information
- Aggregated volume Aggregate volume: 40,074,602
- Price Aggregate price: 0.1113 pence
Aggregate total: GBP44,603.03
e) Date of the transaction 25 January 2021
f) Place of the transaction Outside a trading venue
-------------------------------------- --------------------------------------------
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END
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