Cobra Resources PLC Admission to Official List & Peterhouse Appointed (9357Z)
16 Enero 2020 - 2:00AM
UK Regulatory
TIDMCOBR
RNS Number : 9357Z
Cobra Resources PLC
16 January 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN,
THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
COBRA RESOURCES PLC
(the "Company")
(Incorporated in England and Wales with company number
11170056)
Admission to listing on the Official List and to trading on the
London Stock Exchange
and appointment of Peterhouse Capital as Joint Broker
Cobra Resources plc (LSE: COBR) (the "Company") announces that
its entire issued share capital of 153,747,138 ordinary shares (the
constituent elements of which are set out below) has today been
admitted to the standard segment of the Official List of the
Financial Conduct Authority and to trading on the main market for
listed securities of the London Stock Exchange plc under the TIDM
"COBR". The Company's ISIN is GB00BGJW5255 and its SEDOL code is
BGJW525 (which are unchanged from the ISIN and SEDOL under which
the Company's shares were previously admitted and traded).
The Company is also pleased to announce the appointment of
Peterhouse Capital Limited as joint broker to the Company.
The Placing was arranged by SI Capital Limited and Peterhouse
Capital Limited, as Joint Brokers, with ordinary shares also being
placed via the MINEXIA NR Private Market Platform.
The 153,747,138 ordinary shares admitted to the standard segment
of the Official List of the Financial Conduct Authority and to
trading on the main market for listed securities of the London
Stock Exchange plc to comprise 67,233,532 Existing Ordinary Shares;
61,330,000 Placing Shares; 10,058,224 Initial Consideration Shares;
6,066,632 First Reimbursement Shares; 5,818,750 Fee Shares (issued
to directors in lieu of fees); and 3,240,000 Ordinary shares issued
to consultants in lieu of cash payments (as the Placing Price of 1p
per share). The Company has accordingly raised gross cash proceeds
of GBP613,330 and settled GBP90,587 of immediate cash liabilities
in shares.
Capitalised terms used in this announcement are as defined in
the prospectus published by the Company on 13 January 2020, unless
the context otherwise requires.
For further information please contact:
+44 (0) 20 7129 1471
Cobra Resources plc Craig Moulton +61 (0) 8 9316 4938
SI Capital Limited (Joint Nick Emerson
Broker) Sam Lomanto +44 (0) 14 8341 3500
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Peterhouse Capital Limited Duncan Vasey
(Joint Broker) Lucy Williams +44 (0) 20 7469 0932
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END
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January 16, 2020 03:00 ET (08:00 GMT)
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