Cobra Resources PLC Exercise of Warrants (2296P)
08 Junio 2020 - 01:00AM
UK Regulatory
TIDMCOBR
RNS Number : 2296P
Cobra Resources PLC
08 June 2020
8 June 2020
Cobra Resources plc
("Cobra" or the "Company")
Exercise of warrants - issue of equity
Cobra Resources plc (LSE: COBR), the owner of the Wudinna Gold
Project on the Eyre Peninsula in the Central Gawler Gold Province,
a 450-kilometre-long arcuate belt in South Australia , announces
that it has received notice of exercise of 181,818 warrants to
acquire 181,818 shares at a price of 2p per share (the "New
Shares").
When issued, the New Shares will be credited as fully paid and
will rank pari passu in all respects with the existing ordinary
shares in the share capital of the Company, including the right to
receive all dividends and other distributions declared, made or
paid on or in respect of such shares after the date of issue of the
New Shares.
Application will be made to the Financial Conduct Authority
("FCA") for admission of the Placing Shares to the standard listing
segment of the Official List and to the London Stock Exchange (the
"LSE") for admission to trading of the New Shares on the LSE's Main
Market for listed securities (together "Admission"). It is expected
that Admission will take place at 8.00 a.m. on 12 June 2020 and
that dealings in the New Shares on the LSE's main market for listed
securities will commence at the same time.
Total Voting Rights
Following Admission, the Company's total issued share capital
consists of 187,269,317 Ordinary Shares. The Company does not hold
any Ordinary Shares in treasury.
Therefore, following Admission, the total number of voting
rights in Cobra Resources plc is 187,269,317. This figure may be
used by shareholders 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 Company under
the FCA's Disclosure Guidance and Transparency Rules.
End
Enquiries:
Craig Moulton +61 (0) 8 9316 4938
Cobra Resources plc Dan Maling +44 (0) 758 003 2520
SI Capital Limited Nick Emerson
(Joint 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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(END) Dow Jones Newswires
June 08, 2020 02:00 ET (06:00 GMT)
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