Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
18 January 2019
Vast Resources plc
(“Vast” or the “Company”)
Issue and Allotment of Ordinary Shares following Exercise of Conversion Rights
Vast Resources plc, the AIM listed mining company with operating mines in
Application has therefore been made for 164,469,356 new Ordinary Shares to be admitted to trading on AIM with admission expected to take place on 24 January 2019. The issued new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.
Following admission of the new Ordinary Shares, the Company's enlarged issued share capital will comprise 6,024,229,502 Ordinary Shares. There are no Ordinary Shares held in Treasury. 6,024,229,502 is the total number of voting rights in the Company and 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 Disclosure Rules and Transparency Rules of the United Kingdom Listing Authority.
**ENDS**
For further information, visit www.vastresourcesplc.com or please contact:
Vast Resources plc Andrew Prelea (Chief Executive Officer) | www.vastresourcesplc.com +44 (0) 20 7236 1177 |
Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 020 7628 3396 |
Brandon Hill Capital Ltd – Joint Broker Jonathan Evans | www.brandonhillcapital.com +44 (0) 20 3463 5016 |
SVS Securities Plc – Joint Broker Tom Curran Ben Tadd | www.svssecurities.com +44 (0) 20 3700 0100 |
St Brides Partners Ltd Susie Geliher Juliet Earl | www.stbridespartners.co.uk +44 (0) 20 7236 1177 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (“MAR”).
Notes
Vast Resources plc is an AIM listed mining and resource development company focussed on the rapid advancement of high-quality brownfield projects and recommencing production at previously producing mines in
Vast Resources currently owns and operates the Manaila Polymetallic Mine in
The Company also has interests in a number of projects in