28 January 2025
Kavango Resources PLC
("Kavango" or "the
Company")
Publication of
Prospectus
Further to the announcements of 29 August 2024,
16 September 2024 and 19 December 2024 when the Company declared
its expectation to convert loan notes into 547,995,076 new ordinary
shares of £0.001 (including interest shares), and the conditional
subscription for 938,028,569 new ordinary shares of £0.001
(together the "New Ordinary
Shares") upon publication of a prospectus (the "Prospectus"), the Company is pleased to
announce that the Financial Conduct Authority has approved the
Prospectus dated 27 January 2025.
The Prospectus has been published in electronic
form and will shortly be available on the Company's website
at:
https://www.kavangoresources.com/investor-relations/admission-document
A copy of the Prospectus has also been
submitted to the National Storage Mechanism and will shortly be
available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Admission and
Total Voting Rights
Application will be made for the New Ordinary
Shares to be admitted to the Equity Shares (Transition) category of
the Official List and to trading on the main market of the London
Stock Exchange plc ("Admission"). It is expected that Admission
will become effective and that dealings in the New Ordinary Shares
will commence at 8.00 am on 31 January 2025.
Following Admission, the total issued share
capital of the Company will consist of 3,048,706,821 ordinary
shares. Therefore, the total number of voting rights in the Company
is 3,048,706,821 and this figure 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.
Further information in respect of the Company
and its business interests is provided on the Company's website at
www.kavangoresources.com and on X at #KAV.
For further information please
contact:
Kavango Resources plc
Ben Turney
bturney@kavangoresources.com
+46 7697 406 06
First Equity (Broker)
+44 207 374 2212
Jason Robertson
