15 August 2018
Equatorial Mining & Exploration Plc ("EME" or the "Company")
Issue of New Ordinary Shares
Further to the announcement made on 17th July 2018 where the Company disclosed that as part of its commitment to rid the Company of its legacy debt, the Company announces the further issue of new ordinary shares. This now renders the Company debt free other than a personal loan owned by a continuing investor in the amount of
Accordingly, the Company announces the issue of 251,326,000 new ordinary shares of 0.01p.
The new shares will rank pari passu with the Company's existing ordinary shares and will be admitted to trading on NEX Exchange Growth Market on 16 August 2018.
|
Ord Shares of 0.01p |
Warrants to subscribe for ordinary shares at 0.02p |
Previously in issue |
10,408,523,507 |
0 |
Currently in issue |
10,659,849,507 |
500,000,000 |
The Directors' stock interests remain unchanged as set out below:
|
Ord shares of 0.01p |
% of enlarged share capital |
Employee Benefits Trust under option at 0.01p per share |
Nicholas Nelson |
545,939,024 |
5.1 |
891,990,000 |
Simon Retter |
116,636,179 |
1.1 |
200,000,000 |
Shareholders with 3% or more of the issued share capital
Registered Shareholder |
Shareholding |
% of enlarged share capital |
JIM Nominees Limited |
2,683,400,870 |
25.2 |
First Names Trust Company Limited |
1,332,400,000 |
12.5 |
M M Daniel |
941,326,000 |
8.8 |
Spreadex Limited |
823,100,000 |
7.7 |
GTI International Limited |
800,000,000 |
7.5 |
Pershing Nominees Ltd |
727,386,854 |
6.8 |
M Staten |
550,000,000 |
5.2 |
Reba Global Pty Ltd |
500,000,000 |
4.7 |
Enquiries:
Equatorial Mining & Exploration Plc: |
nelson@nexfin.org.uk |
NEX Exchange Adviser and Broker Alexander David Securities James Dewhurst |
+44 (0) 207 448 9820
|
The Directors take responsibility for this announcement.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the