Arc Minerals Limited Issue of Shares
12 Agosto 2024 - 8:53AM
RNS Regulatory News
RNS Number : 1321A
Arc Minerals Limited
12 August 2024
12 August 2024
Arc
Minerals Ltd
('Arc' or
the 'Company')
Issue of
Shares
Arc Minerals announces that is has
issued 2,094,000 new ordinary shares of no par value in the share
capital of the Company ("Ordinary Shares") to creditors at a price
per share of 1.7498 in lieu of cash for services rendered to the
Company ("Consideration Shares").
Application will be made to the
London Stock Exchange plc for the 2,094,000 Consideration Shares to
be admitted to trading on AIM ("Admission") with Admission expected
to occur on or around 16 August 2024. The New Ordinary Shares
will rank pari passu in
all respects with the existing Ordinary Shares including the right
to receive any dividend or other distribution thereafter declared,
made or paid. There are no Ordinary Shares held in treasury.
Following Admission of the Consideration Shares the total number of
voting rights in the Company will be 1,448,108,263.
For further information
contact:
|
Arc
Minerals
Ltd
Nick von Schirnding (Executive
Chairman)
|
c/o Benchmark
Communications
|
|
|
|
|
WH
Ireland (Nominated Adviser & Joint
Broker)
Katy Mitchell/Harry Ansell
|
Tel: +44 (0) 20 7220 1666
|
|
|
|
|
Shard Capital Partners LLP (Joint Broker)
Damon Heath
|
Tel: +44 (0) 20 7186 9952
|
|
|
|
|
Benchmark Communications (Investor
Relations)
Richard Kauffer
|
Tel: +44 (0) 7841 67 3210
|
For more information,
visit www.arcminerals.com.
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END
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