TSTR Tri-star Resources Plc

 
TIDMTSTR 
 
9 December 2020 
 
             Tri-Star Resources plc ("Tri-Star" or the "Company") 
                   Secondary Trading following Cancellation 
 
 
 
Tri-Star Resources plc (AIM: TSTR), the minerals processing company, announces 
details of the secondary market trading facility that will be in place 
following the cancellation of the admission to trading on AIM of its Ordinary 
shares ("Cancellation"). 
 
As previously announced, following approval by shareholders at the General 
Meeting held on 2 December 2020, the Cancellation will take effect from 7.00 
a.m. on 10 December 2020. 
 
Following the Cancellation, the Company has appointed Asset Match ( 
www.assetmatch.com) to facilitate trading in the ordinary shares. Asset Match, 
a firm authorised and regulated by the Financial Conduct Authority, will 
operate an electronic off-market dealing facility for the ordinary shares. This 
facility will allow existing shareholders of the Company ("Shareholders") and 
new investors to trade ordinary shares by matching buyers and sellers through 
periodic auctions. Investors can register their interest for further 
information on the Asset Match auction process by emailing info@assetmatch.com. 
 
The Asset Match trading facility operates under its own code of practice which 
governs the behaviour of participants and the running of the periodic auctions. 
Asset Match operates an open auction system where volumes of bids and offers at 
different prices are displayed on its website together with the closing date of 
the auction. At the end of each auction period Asset Match pass this 
information through a non-discretionary algorithm that determines a 
"market-derived" share price based on supply and demand and allocates 
transactions accordingly. Bids and offers may be made and withdrawn at any time 
before the closing date of each auction. 
 
Shareholders will continue to be able to hold their shares in uncertificated 
form (i.e. in CREST) and should check with their existing stockbroker whether 
they are willing or able to trade in unquoted shares. Shareholders wishing to 
trade shares through Asset Match must do so through a stockbroker. A 
comprehensive list of stockbrokers who have signed up to access the Asset Match 
platform is available on request. 
 
Full details will be made available to Shareholders on the Company's website at 
www.tri-starresources.com. Shareholders may contact Asset Match in relation to 
any queries regarding trading via the secondary market trading facility by 
emailing dealing@assetmatch.com. 
 
**ENDS** 
 
For further information, please visit www.tri-starresources.com or contact: 
 
Tri-Star Resources plc                       c/o SBP 
David Facey, CEO / CFO                       Tel: +44 (0)20 7236 1177 
 
St Brides Partners (Financial PR) 
Isabel de Salis / Beth Melluish              Tel: +44 (0)20 7236 1177 
 
SP Angel Corporate Finance (Nominated 
Adviser)                                     Tel: +44 (0)20 3470 0470 
Jeff Keating / Caroline Rowe 
 
finnCap Ltd (Broker) 
Scott Mathieson / Camille Gochez             Tel: +44 (0)20 7220 0500 
Asset Match Limited                          Tel: +44 (0) 207 248 2788 
 
 
Notes to Editors: 
 
Tri-Star's principal interest is in an antimony and gold production facility 
(the "SPMP Project"). The SPMP Project is based in Sohar, Sultanate of Oman, 
and is being developed by Strategic & Precious Metals Processing LLC ("SPMP"), 
an Omani company in which Tri-Star has a 16% equity interest. 
 
 
 
END 
 

(END) Dow Jones Newswires

December 09, 2020 05:06 ET (10:06 GMT)

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